ID :
12692
Wed, 07/16/2008 - 16:17
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Shortlink :
https://oananews.org//node/12692
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Mubadala, Rolls-Royce launch new aviation joint venture
Farnborough - July 16, 2008 (WAM) - Rolls-Royce and Mubadala Development Company (Mubadala), the business development and investment company located in Abu Dhabi, today announced the launch of a new joint venture company to serve the rapidly-expanding Middle East aviation services market.
HE Khaldoun Khalifa Al Mubarak, CEO and managing director of Mubadala, said, "Abu Dhabi develops aviation industry sector, which is making it a major link between East and West. It is also looking forward to setting up major projects to build comprehensive sector of aviation industries."
The new joint venture will offer On-Wing Care through Abu Dhabi Aircraft Technologies (ADAT) which is the 12th largest maintenance, repair and overhaul company in the world. Services will include provision for a wide range of specialist line maintenance support services from boroscoping to engine changes for Rolls-Royce Trent family operators in the region. In addition, it will also launch a new service to provide asset management services for engine system accessories.
The new company joins a worldwide network of centres which can offer
specialised support services at the closest point of operation for
Rolls-Royce customers. "Our partnerships with world-class companies like Rolls-Royce are solidifying the creation of Abu Dhabi's aerospace hub. Specifically, this joint venture will attract knowledge-intensive industries to Abu Dhabi," said Homaid Al Shemmari, director of Mubadala Aerospace.
Miles Cowdry, president, services, at Rolls-Royce said: "The Middle East is a rapidly-growing market, and the United Arab Emirates presents a major hub for airlines and aerospace activities within the region". "The launch of this joint venture in Abu Dhabi extends our existing presence and close partnership with Mubadala. On-Wing Care and the launch of the line replacement units leasing pool form a valuable operational support to our customers and are part of our comprehensive, global service strategy," he added.
There are On-Wing Care service centres in London, Hong Kong, Frankfurt, Indianapolis and Singapore. The centre in Abu Dhabi will predominantly support the growing Trent engine family.
HE Khaldoun Khalifa Al Mubarak, CEO and managing director of Mubadala, said, "Abu Dhabi develops aviation industry sector, which is making it a major link between East and West. It is also looking forward to setting up major projects to build comprehensive sector of aviation industries."
The new joint venture will offer On-Wing Care through Abu Dhabi Aircraft Technologies (ADAT) which is the 12th largest maintenance, repair and overhaul company in the world. Services will include provision for a wide range of specialist line maintenance support services from boroscoping to engine changes for Rolls-Royce Trent family operators in the region. In addition, it will also launch a new service to provide asset management services for engine system accessories.
The new company joins a worldwide network of centres which can offer
specialised support services at the closest point of operation for
Rolls-Royce customers. "Our partnerships with world-class companies like Rolls-Royce are solidifying the creation of Abu Dhabi's aerospace hub. Specifically, this joint venture will attract knowledge-intensive industries to Abu Dhabi," said Homaid Al Shemmari, director of Mubadala Aerospace.
Miles Cowdry, president, services, at Rolls-Royce said: "The Middle East is a rapidly-growing market, and the United Arab Emirates presents a major hub for airlines and aerospace activities within the region". "The launch of this joint venture in Abu Dhabi extends our existing presence and close partnership with Mubadala. On-Wing Care and the launch of the line replacement units leasing pool form a valuable operational support to our customers and are part of our comprehensive, global service strategy," he added.
There are On-Wing Care service centres in London, Hong Kong, Frankfurt, Indianapolis and Singapore. The centre in Abu Dhabi will predominantly support the growing Trent engine family.
