New $150 million facility is the next phase of Mubadala Aerospace and GE’s plans to establish Abu Dhabi as a world class engine maintenance hub.

Abu Dhabi Aircraft Technologies (ADAT) today unveiled details for the world’s first GE and Engine Alliance network partner Overhaul Shop and Test Cell Facility for the GEnx and GP7200 models, located in the Emirate of Abu Dhabi. Design of the new facility is underway with ground breaking planned for Q1 2011. It is expected that the test cell and shop will be ready by Q1 2013 and will support the growing fleet of GE engines in the MENA region.

As part of the GE and Mubadala agreement signed in 2009, GE has been supporting ADAT in the design and construction of this facility to meet the industry’s global regulations, through providing the necessary expertise during the development phase. In addition to the GEnx and GP7200, the facility will also service the GE90 engines.

ADAT is owned by Mubadala Aerospace and forms a key part of plans to establish Abu Dhabi as an integrated global aerospace hub. Mubadala has formed partnerships with the world’s leading aerospace companies to develop the industry in Abu Dhabi. The new ADAT engine facility forms part of GE and Mubadala’s 2009 agreement that expands GE’s global network of engine maintenance, repair and overhaul providers in the Middle East and further advances Mubadala’s plans to build a global MRO network centered in Abu Dhabi.

Today’s announcement represents the next step in the Mubadala Aerospace GE partnership, which since formation has seen ADAT and SR Technics benefitting from enhanced technical and material support for the CF6 and CFM56 engines, and significantly, ADAT establishing GE90 on-wing support capability and is currently GE’s middle east on-wing support partner for this engine.

Homaid Al Shemmari, Chairman of ADAT and Executive Director Mubadala Aerospace, said: “Today’s announcement is an important milestone for our MRO plans and another example of the strength of the Mubadala GE relationship. The ADAT facility will be a world first GE and Engine Alliance facility and brings significant new capability to the region.”

Muhammad Al-Lamadani, GM Eastern Europe, ME and CIS , GE Aviation commented “ GE Aviation has been in cooperation with ADAT for two decades, and we are delighted to enhance our relationship and MRO network with Mubadala.”

About Mubadala Development Company

Mubadala Development Company (Mubadala) is a catalyst for the economic diversification of Abu Dhabi. Established and owned by the Government of Abu Dhabi, the company’s strategy is built on the management of partnerships and long-term, capital-intensive investments that deliver strong financial returns and tangible social benefits for the Emirate of Abu Dhabi, and contribute to the growth and diversification of its economy.

Mubadala brings together and manages a multi-billion dollar portfolio of local, regional, and international investments and partners with leading global organizations to operate businesses across a wide range of industry sectors including aerospace, energy, healthcare, industry, information communications and technology, infrastructure, real estate and hospitality. For more information about Mubadala please visit: http://www.mubadala.ae.

About Mubadala Aerospace

Mubadala Aerospace, a business unit of Mubadala Development Company, is driving the development of Abu Dhabi’s aerospace industry to establish the Emirate as a global aerospace hub.

Through partnerships with world leading companies such as Boeing, EADS, Finmeccanica and GE, Mubadala Aerospace has combined global expertise and local resources to develop an advanced, technology-driven aerospace industry in Abu Dhabi.

Mubadala is building the industry around composite aerostructures and OEM manufacturing, maintenance, repair and overhaul (MRO) and pilot training. These sectors are underpinned with education & training initiatives to create job opportunities for the local population and develop a highly skilled workforce, with research & development facilities being established to place Abu Dhabi at the forefront of the global aerospace industry.

Flagship projects include Strata, the advanced composites aerostructures manufacturing plant and Sanad, the component and engine leasing company that works in partnership with Mubadala’s Abu Dhabi Aircraft Technologies and SR Technics to deliver integrated MRO services to a global customer base.

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 spanning the globe, 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.

Visit: http://www.adat.ae

Further information can be obtained by contacting:

Emma Procter
Communication Executive
Abu Dhabi Aircraft Technologies (ADAT)
PO Box 46450, Abu Dhabi, United Arab Emirates
Tel: +971 (2) 5757555
Direct: +971 (2) 5057489
Mobile: +971 50 919 3560
E-mail: eprocter@adat.ae