ADAT adds Mubadala to MRO network
Paris, June 20, 2009
Abu Dhabi Aircraft Technologies (ADAT), a leading technical solutions provider, and Engine Alliance (EA), a joint venture of General Electric and Pratt & Whitney, have announced a new member of GP7200 maintenance, repair and overhaul (MRO) network.
Under the agreement, Abu Dhabi-based Mubadala Development, a leading investment and business development company, will be an MRO network provider for the GP7200 engines.
Having this capability in Abu Dhabi offers a significant benefit to prospective GP7200 operators in the Middle East, who will have convenient access to an Engine Alliance-branded, full-service repair and overhaul shop in the region. The Middle East is already the largest contributor to the GP7200 production backlog.
'As we implement our new growth strategy, we are looking to expand our product portfolio and build it around next-generation products and technologies that reinforce our position as the Middle East’s foremost independent aviation technical services provider,” said John Byers, CEO, Abu Dhabi Aircraft Technologies.
“Providing GP7200 capability at Abu Dhabi Aircraft Technologies is perfectly aligned with our strategy,” he added.
“Engine Alliance is a long-term partner with a strong regional customer base and a leading product that is derived from GE’s and Pratt & Whitney’s latest and best propulsion technologies.'
'We are thrilled to have this agreement with Abu Dhabi Aircraft Technologies to cooperate on GP7200 engine MRO activity in this vitally important part of the world,' said Engine Alliance President Jim Moravecek.
The two companies expect to finalise the transaction by the third quarter of 2009, and will start to work together immediately thereafter to get the Abu Dhabi facility fully certified and operational by 2012. – TradeArabia News Service