AgustaWestland and ADA form joint venture
AgustaWestland and Abu Dhabi Aviation have announced the establishment of a joint venture in the UAE in the field of helicopter maintenance.
The two companies have formed a limited liability company named AgustaWestland Aviation Services LLC to carry out a range of services and activities for the sale of helicopter spare parts and accessories, helicopter/component repair and overhaul, customisation, modification and upgrading.
H.E. Nader Ahmed Mohammed Al Hammadi, chairman of Abu Dhabi Aviation, said: “We aim to be a global aviation company beyond its current international business scope, and the new joint venture is a step in the right direction. The joint venture will be of mutual benefit for both partners to further expand their range of services, capabilities and presence. The demand for helicopter maintenance across the Middle East is growing and providing this service right at the doorstep of our clients is a benefit that will see huge returns in terms of overall industry growth”.
“Our current capabilities provide services to our clients on a global basis with approximately 40 per cent of ADA’s business coming from outside the UAE. With 30 years of experience in the oil industry and having logged over one million hours flying helicopters, ADA will be able to leverage its business performance strength to this partnership.”
In addition to its other helicopter and fixed wing fleet, Abu Dhabi Aviation also owns Maximus Air Cargo and is a 50 per cent shareholder of Royal Jet. Abu Dhabi Aviation operates 16 AW139s and has been an AgustaWestland service centre since 2005.