Lebanon: Middle East Airlines (MEA) plans to buy 15 Airbus A321 2
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Kheireddine Batache
Monday 23 April 2018 Last update on Monday, April 23, 2018 At 9:12 AM

In the framework of its new investments plan, the Lebanese company Middle East Airlines (MEA) will purchase 15 new aircrafts between 2019 and 2021.

According to MEA’s Chairman Mohammed El Hout, the national airliner is about to realise major investments aimed at acquiring 11 Airbus A321 airplanes and 4 other variants of the ” wide-body ” category.

Moreover, the company will also run new projects in order to expand its headquarters, including several new buildings and hangars, a ground technical services platform and a ” green ” office building. Works are set to begin in 2019 and should end in 2020.

Those strategic investments are coming at a time when the tourist attendance is expected to increase, reaching around 2 million tourists in 2018 and 3 million in 2028.

Created in 1945, MEA realised a net income of 94 million dollars in 2016.

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