KAMS GLOBAL AND OTRYX SYSTEMS ANNOUNCE PARTNERSHIP

Jeddah and Chennai, April 1, 2023: KAMS Global (“KAMS”) and Otryx Systems (“Otryx”) announced today that the companies have entered a strategic partnership to offer a comprehensive portfolio of smart aviation solutions and tailored advisory services to regulators, operators, leasing companies and airlines in the regions of the Middle East and North Africa (“MENA”) and India.

The partnership formalizes a long-standing collaborative relationship between the two firms and will allow them to expand their portfolios of smart, highly customized aviation solutions. From licensing and certification to financing and technical services, KAMS and Otryx are poised to be the premier one-stop aviation advisory service in two of the world’s fastest growing markets for travel and tourism.

Post-pandemic, the eastward shift of global aviation’s centre has accelerated towards the Middle East and India. In preparation for record numbers of tourists expected by the end of the decade, these markets are investing heavily in the infrastructure, technology, technical expertise, knowledge and experience needed to manage and support this influx.

These dynamic and fast-evolving markets are creating new opportunities for the aviation industry. Saudi Arabia alone is aiming to attract a staggering 330 million visitors by 2030, while the GCC countries are hosting a non-stop stream of events, from world-class concerts and festivals to exciting conferences and exhibitions. Meanwhile Air India’s record-breaking aircraft order is a sure sign the country is gearing up to become a regional powerhouse.

“The aviation industry presents numerous opportunities for expansion and innovation”, says Moaaz Khanani, Managing Partner of KAMS Global. “The investment in Otryx is therefore of great importance, as it enables us to broaden our in-house portfolio of technical services, and in the long-term, expand our aviation services offering in India – an exciting and growing market.”

“The partnership with KAMS will allow us to address a market gap in tailor-made, innovative products and services for airline startups as well as established operators expanding services in heliport, eVTOL, and charter aviation sectors,” said Balaji Duraipandi, Managing Director of Otryx. As a shareholder, KAMS will enable us to rapidly scale our business in India, develop our exciting pipeline of new products and make our unique portfolio of services available to customers in MENA.”

By combining KAMS regional expertise and strong network of public and private sector relationships with Otryx’s years of technical product and service development experience, the partnership positions KAMS Global as the premier one-stop aviation advisory service in the MENA region.