{"id":72581,"date":"2023-08-07T00:00:00","date_gmt":"2023-08-07T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/08\/07\/misrata-international-airport-is-getting-the-largest-aircraft-maintenance-air-cargo-station-in-north-africa\/"},"modified":"2023-08-07T00:00:00","modified_gmt":"2023-08-07T00:00:00","slug":"misrata-international-airport-is-getting-the-largest-aircraft-maintenance-air-cargo-station-in-north-africa","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/08\/07\/misrata-international-airport-is-getting-the-largest-aircraft-maintenance-air-cargo-station-in-north-africa\/","title":{"rendered":"Misrata International Airport is getting the largest aircraft maintenance + air cargo station in North Africa"},"content":{"rendered":"

Libya\u2019s Economy and Trade Ministry has greenlit a Libyan-Spanish joint venture <\/strong>for air cargo and aircraft maintenance services<\/strong>,according to a ministry statement<\/a>. The JV will set up an air cargo and aircraft maintenance station dubbed ADVCO at Misrata International Airport, which is set to be the largest of its kind in North Africa, the statement added. The statement did not disclose the timeline for the completion of the station.<\/p>\n

Ownership structure:<\/strong> Libyan airline Afriqiyah Airway<\/a> holds a 51% stake in the company, while Spanish cargo company AD Air Cargo Business<\/a> owns a 49% stake. Afriqiyah Airway will cover the periodic maintenance costs of up to EUR 150 mn a year, the statement said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Libyan airline Afriqiyah Airway will invest USD 150 mn a year into the company<\/p>\n","protected":false},"author":1,"featured_media":72582,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[177],"tags":[145,17,380,314],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-72581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-aviation","tag-aviation","tag-enterprise-logistics","tag-investment","tag-libya","wpautop","entry"],"acf":{"mongo_id":"45de834a-473a-46d9-a3f5-aefe5240edf3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/8\/180.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Misrata International Airport is getting the largest aircraft maintenance + air cargo station in North Africa","related_issue":[72571],"teaser":"Libyan airline Afriqiyah Airway will invest USD 150 mn a year into the company","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/8\/.40ddc248-cd08-4cbd-bafe-9558e4066574.mp3"},"yoast_head":"\nMisrata International Airport is getting the largest aircraft maintenance + air cargo station in North Africa - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2023\/08\/07\/misrata-international-airport-is-getting-the-largest-aircraft-maintenance-air-cargo-station-in-north-africa\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Misrata International Airport is getting the largest 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