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Abu Dhabi Aircraft Technologies heads to Farnborough International Airshow, United Kingdom with news of 10 year contract win to support flydubai

Abu Dhabi Aircraft Technologies further strengthens its position as the region’s leading aircraft maintenance, repair and overhaul service provider.

17 July 2010

Abu Dhabi Aircraft Technologies further strengthens its position as the region’s leading aircraft maintenance, repair and overhaul service provider.

Abu Dhabi Aircraft Technologies (ADAT), the Middle East’s largest independent aircraft technical solutions provider owned by Mubadala Development Company has secured a ten year contract with flydubai to provide maintenance services for various fast track components of the airline’s growing fleet of Boeing B737 aircraft.

flydubai operates from Dubai International Airport’s Terminal 2, and currently serves 20 destinations using 9 next generation Boeing 737 aircraft. The carrier will take delivery of 45 more Boeing 737s and plans to operate routes to 40 destinations by 2011.

flydubai becomes another addition to ADAT’s growing list of regional Low Cost Carriers and reaffirms the company’s plans to establish long term relationships with its customers. This important contract win is further recognition of the growth and commercial success of ADAT’s operations in the GCC region and internationally. It comes ahead of other major announcements the company will be making at Farnborough International Airshow, an event attended by global industry leaders and closely watched by business commentators.

ADAT and its sister company SR Technics, based out of Zurich, work in close alignment to drive Mubadala Aerospace’s plans to establish a global maintenance, repair and overhaul network centered in Abu Dhabi that covers the entire MRO value chain including engine, component and airframe capabilities.

Both companies work in partnership with Mubadala Aerospace’s Sanad Aero Solutions which provides leasing and management of spare components and engines to the global airline industry, providing innovative opportunities for airlines to monetize existing assets, secure inventory solutions required to support fleet growth and access to a broad spectrum of world class MRO and technical service solutions offered by Mubadala’s global MRO network.

Jeremy Chan, CEO of ADAT said, “Our team is committed to providing reliable service with competitive turn-around times that will enable flydubai to operate cost-effectively while maintaining their high levels of passenger service. ADAT’s ability to guarantee high levels of component availability at a competitive price makes our component solutions particularly suitable for low cost carriers.”

“We are confident that ADAT’s advanced maintenance facilities and highly professional personnel will provide exceptional, cost-effective maintenance services and turn-around times to our fleet. This high quality service will help us reach our cost targets.” Ghaith Al Ghaith, CEO, flydubai said.

About Abu Dhabi Aircraft Technologies:

Abu Dhabi Aircraft Technologies (ADAT) is the Middle East’s leading independent aviation technical solutions provider, and has a comprehensive set of airframe, engine and component maintenance, repair and overhaul (MRO) capabilities. Under the ownership and direction of Mubadala Development Company (Mubadala), the strategic investment arm of the Government of Abu Dhabi, ADAT is spearheading Abu Dhabi’s regional aviation MRO ambitions and is pivotal in the development of Mubadala’s worldwide MRO network.

At present, the company manages a customer portfolio stretching from Iceland in the west, to Sri Lanka in the east, employing a growing multinational and multi-disciplined workforce.

ADAT is committed to a customer-focused strategy of process and people development alongside major infrastructure investment. These characteristics, combined with a competitive cost base, the highest quality standards, and world-class turnaround times underpin ADAT’s position as the preferred MRO partner of choice in the region.

Further information can be obtained by contacting:

Susan Abdul Aziz
Brand & Communications
Abu Dhabi Aircraft Technologies
PO Box 46450, Abu Dhabi, United Arab Emirates
Tel: +971 (2) 5757555
Direct: +971 (2) 5057033
Mobile: +971 (50) 6125405
Fax: +971 (2) 5757263