ACS to double DAFZ office space
Dubai, November 22, 2009
UK-based Air Charter Service (ACS) has announced plans to double its office space at the Dubai Airport Freezone owing to its record growth.
ACS, which is averaging a 30 per cent month on month growth, said it is expecting a turnover of Dh949 million ($260 million) this year compared to $200 million in 2008.
'We have decided not to participate in the recession,' ACS director Dmitri Korshunov said borrowing a quote from the founder of Wal-Mart during another severe recession.
“To achieve growth in these difficult times we had applied tried and tested business modules. Our policy of chasing the right people paid off and we were able to pursue new opportunities away from risks unlike our competitors who persisted in chasing the wrong people resulting in their companies going belly up,” he noted.
Dmitri credited the Dubai Airport Freezone for the success. 'From three staff members when the company opened at the Freezone in 2006, today we have 16 people and our company operates in 26 countries. Our people fly in and out in the GCC using the UAE as a hub,' he said.
“We enjoy being under the umbrella of the UAE government and we appreciate the business opportunities being provided to foreign companies operating in the Freezone,” Dmitri observed.
“August, September and October 2009 were record months for ACS Dubai office. We witnessed the largest increase in ad-hoc charters since we started operations,” he added.
Dmitri pointed out that the company retained customers by pre-empting the economic slump and reduced rates in order to make money through volume increases rather than profit margin.
Mohammed Suwailem, director of Sales at DAFZ, said “Our experience dealing with 1,500 multinational companies working in different industry sector gives us the edge in anticipating the needs of companies who are setting up new branches.'
'The support given to us by the Dubai Government allows us to respond quickly to the requirements of these companies whether it is building needed infrastructure or expanding our premises to meet future needs,' he added.-TradeArabia News Service