FOR IMMEDIATE RELEASE
01 APRIL 2023
KAMS GLOBAL AND OTRYX SYSTEMS ANNOUNCE PARTNERSHIP
KAMS Global and Otryx Systems have joined forces in a strategic partnership, to bring their regional expertise and technical product and service development experience to the booming markets of the MENA region and India.
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.
KAMS provides comprehensive aviation advisory and consultancy services across licensing and certification, operations, financing, technical and MRO services. The company’s consultants combine unparalleled regional networks across the public and private sector with a wealth of industry experience, technical capability and local knowledge fostered over years of working and investing in the Middle East.
It is committed to attracting investments in the country’s human capital and technological capability and to investing in the growth and development of aviation services across the MENA region.
Otryx, an aviation IT and services company, supports businesses around the world with an innovative suite of digital tools, software development solutions and business consulting services.
Its dedicated team of aviation experts brings together over 100 years of domain and IT experience, enabling it to deliver simple, seamless, secure solutions for complex Aviation IT challenges. The team’s experience spans the aviation industry value chain including manufacturing and leasing, ground handling and MRO, catering and freight-forwarding as well as travel agencies, airlines and airports.
Otryx prides itself on combining high standards of services with technological expertise and knowledge to help clients optimize operations, rationalize costs and drive revenue and deliver greater profitability.
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Mr. Moaaz Khanani
Mr. Balaji Duraipandi