Abu Dhabi Aviation Soars With Acquisition of Aviation Powerhouses

Abu Dhabi Aviation (ADA),a leading aviation service provider in the United Arab Emirates,has successfully finalized the acquisition of significant stakes in three major aviation companies:Etihad Engineering (EYE),Advanced Military Maintenance Repair and Overhaul Centre (AMMROC),and Global Aerospace Logistics (GAL).This strategic move creates a vertically integrated aviation giant with a robust presence across key sectors within the industry.

The acquisition involved ADA issuing shares to a wholly-owned subsidiary of ADQ,an Abu Dhabi-based investment and holding company,in exchange for stakes in the three entities.This transaction strengthens ADA's position as a major player in the aviation sector,bolstering its capabilities in vital areas like maintenance,repair,and overhaul (MRO),logistics,supply chain management,and advanced engineering.

ADA,headquartered in Abu Dhabi,boasts a fleet of 62 aircraft catering to a diverse range of services,including VIP passenger transportation,search and rescue operations,crop spraying,seismic support,and firefighting,both within the UAE and internationally.The addition of EYE,AMMROC,and GAL significantly expands ADA's service portfolio and reach.

EYE brings to the table extensive experience in MRO services,servicing a broad clientele that includes Etihad Airways.AMMROC,on the other hand,specializes in comprehensive MRO solutions,offering a one-stop shop for aircraft maintenance needs.GAL,with its established presence in the Middle East and North Africa (MENA) region,further enhances the combined entity's logistics capabilities within the aviation sector.

"The completion of this acquisition signifies a significant leap forward for ADA,solidifying our position as a competitive force within the aviation landscape," declared Nader Ahmed Mohamed Alhammadi,Chairman of the Board of Directors at ADA."This strategic move strengthens Abu Dhabi's standing as a global aviation hub,offering a comprehensive suite of aviation services under one roof."

Industry analysts believe this acquisition is a game-changer for the aviation sector in Abu Dhabi.The combined entity is expected to leverage its extensive resources and expertise to not only cater to the growing demand within the region but also become a major competitor on the global aviation stage.The acquisition is also expected to create new job opportunities and contribute to the overall economic growth of Abu Dhabi.

With this strategic move,Abu Dhabi Aviation has positioned itself for significant growth and solidified its place as a leading force in the ever-evolving aviation industry.

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