Eznis Airways of Mongolia has announced the extension of a development grant, in conjunction with the United States Trade Development Agency (USTDA).
Florida-based consulting firm IOS Partners will continue the work it has been doing with Eznis since 2008, developing and implementing expansion plans which resulted in both increased domestic service in Mongolia – as well as specific plans for regional and international flights – to respond to the increasing demand for air travel into Mongolia.
Eznis Airways, part of the Newcom group of companies, has been in operation for over two years and now has a fleet of three Saab 340Bs. The carrier is planning to acquire new aircraft in the second half of 2009, based on recommendations made by the Eznis and IOS teams.
As a result of the first phase of the project, Eznis determined that it will have to undertake significantly greater maintenance in-house for its current and future aircraft and will require technical assistance and support in developing operating policies and procedures for its fleet.
An official signing ceremony of the contract extension between USTDA and Eznis Airways took place in Ulaanbaatar, Mongolia, on 14 April 2009, in presence of IOS Partners executives who are currently in Mongolia.
The DoD has changed its structures and is been increasing efforts to facilitate access to loans by companies interested in working with artificial intelligence, advanced materials and semiconductors, biotechnology and quantum science.
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
The main obstacles to overcoming risks in the region are a lack of a strong cybersecurity culture and inadequate funds to invest in this domain given a widespread Chinese presence in the region.
MBDA is adapting to supply chain pressures as the Russian invasion of Ukraine leads to increased demand for armaments.
Despite the additional funding promised this week, the UK armed forces still look set to face cutbacks, and maintaining international commitments to AUKUS and GCAP may limit the options for other programmes.
This week on the Shephard Defence Podcast, senior naval reporter Harry Lye and military training & simulation reporter Norbert Neumann chat with Professor John Louth.
Connect with us on socials
