Dubai Airshow: Joramco expanding at home and abroad

Joramco’s CEO, Fraser Currie, said: “We are part of Dubai’s DAE company,” he said. “Naturally it made sense to look at the UAE to build on that relationship.”

The Joramco business not only survived but flourished during the pandemic. More than 60 aircraft were stored at its Queen Alia International Airport (QAIA) facility in Amman, and the hangars were full.

Developing business like the passenger to freighter (P2F) conversions pushed the capacity even further.

Two years ago, DAE’s CEO, Firoz Tapore, predicted that Joramco would need to expand soon. “Covid put the brakes on that,” Currie said. “But now we are ready.”

The company has already done land deals at QAIA, but is now looking at several options in different emirates. “There are a number of possibilities in the UAE, and we will be looking at what is strategically best for things like P2F or regular wide-body maintenance,” he said.

“We have space to build now at QAIA. We are seeing work from Europe and India but there has been a huge rise in demand since the US opened its borders again. Wide-bodies are being brought back into service. Its looking good.”