Welcome to the May edition of MEA Markets.

In recent news, Analogic Corporation announced the Middle East debut of ConneCT(TM), a breakthrough in checkpoint security scanning technology. ConneCT is designed to dramatically improve security, lower airport screening costs, and increase passenger throughput using an upgradeable computed tomography (CT) platform that makes it easy for airports and regulators to respond to changing security and operational requirements.

In business news, Aviation Capital Group LLC on May 4th announced it has signed long-term lease agreements with EL AL Israel Airlines for two new B787-9s aircraft from ACG’s order book commitment with Boeing and two new B787-8s on a sale and lease-back agreement. The first aircraft is expected to be delivered in February 2018.

I hope you enjoy reading this issue.

Jonathan Miles, Editor