Taroudant, Morocco- The French operational light aviation "LH Aviation" will open its construction unit in Morocco for the construction of an entirely "made in Morocco aircraft," the company stated this Friday, according to the Maghreb Arab Press (MAP).
Taroudant, Morocco- The French operational light aviation “LH Aviation” will open its construction unit in Morocco for the construction of an entirely “made in Morocco aircraft,” the company stated this Friday, according to the Maghreb Arab Press (MAP).
Based in Melun-Villaroche, the French light aircraft manufacturer opens 10% of its capital financed by the Moroccan Mohsine Bennani-Karim for LH Aviation missions (amounting to?) € 4 million.
The Moroccan businessman Bennani-Karim will invest more than € 10 million in the creation of a local factory that will have a production capacity of 80 aircrafts LH-10M per year, marking the first aircraft built completely in Morocco.
The industrial Bennani-Karim will hold 49% of the local facility’s stakes while 51% will go to LH Aviation.
“After making its first deliveries in 2013, LH Aviation opens 10% of its capital for € 4 million to the Moroccan industrial investor,” Mohsine Bennani-Karim, who is on the board of directors of the French company, was quoted by the MAP as saying.
The two-seat light aircraft LH-10 M designed by LH Aviation of France, which will be presented for the first time at the Marrakesh Airshow, is the first aircraft fully adapted to operate in different African environments.
According to the manufacturer, the first aircraft “made in Morocco” enjoys the most modern manufacturing techniques and may carry effective operations.
Edited by Sahar Kian