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FINANCIAL NEWS
Adat, IAE sign agreement
27 Jan 2011
(MENAFN) Abu Dhabi Aircraft Technologies (Adat) CEO, Jeremy Chan, said that the company had a deal with the International Aero Engines AG (IAE) where the latter would provide Adat with support enabling Adat to become an IAE approved maintenance, repair and operations shop, reported Gulf News.
The CEO said that with this agreement, Adat would be capable of performing overhaul of the V2500 aviation engine series exclusively for Etihad Airways. Adat would under this agreement maintain the airline’s fleet of V2500 powered A320 aircraft.
The CEO added that Adat plans on strengthening alliances that serve the company’s expansion and boosts its operations, while IAE Executive Vice-President of Customer Business Jim Guiliano said that his company is interested in expanding experiences and skills of companies in the UAE and other markets in order to provide best support to its important customers in the region.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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