24.8 C
Dubai
Saturday, November 23, 2024
spot_img

MBRAK signs agreement with Tim Investment to launch MRO hangar

[ad_1]

The Mohammed bin Rashid Aerospace Center (MBRAH) has announced the signing of an agreement with Tim Investments to establish an MRO hangar in Dubai South that can accommodate wide-body aircraft.

The signing ceremony was held at the Dubai South headquarters in the presence of Khalifa Al Zaffin, Executive Chairman of Dubai Aerotropolis and Dubai South, Tahnoon Saif, CEO of MBRAH, and Timor Shah Shahab, Founder and CEO of Tim Investment. Senior management from both entities.

Groundbreaking for the new hangar will take place during the Dubai Airshow in 2023, with construction expected to be completed by the first quarter of 2025.

growth trajectory

Saif said: “The agreement with Tim Investments underscores our continued commitment to strengthening the growth trajectory of Dubai’s aviation industry and attracting top global players to establish operations in the emirate as part of the dynamic ecosystem in South Dubai to meet demand. enterprise.

“We will spare no effort to support Tim Investments’ expansion in Dubai and will continue to contribute to strengthening Dubai’s place on the world’s aviation map.”

Shahab commented: “Our new MRO hangar at MBRAH is part of our strategic plan and represents a major step forward in expanding our reach to cater to a wider range of customers in the aviation sector. This move puts us in Dubai At the center of a thriving MRO landscape, reinforcing our dedication to fostering innovation and fostering excellence in the industry. We look forward to working closely with MBRAH on the new hangar.”

Tim Investments is a driving force in the aerospace sector with its broad and dynamic portfolio. The company is an umbrella organization for several well-known entities, including V2 Aviation DMCC, which provides aircraft and essential leasing and charter services for passengers and cargo; V2 Aerospace JAFZA, which specializes in trading aircraft spare parts; Legend Airline SRL Europe, Europe’s premier Airlines; Tim Aerospace DWC, providing comprehensive passenger and cargo aircraft repair, maintenance and dismantling services.

advanced connection

Offering a high level of connectivity to the global aerospace business, MBRAH is the free zone destination for the world’s leading airlines, private jet companies, MROs and related industries. Located in and developed by Dubai South, MBRAH is also home to a maintenance center and a training and education campus. It works to strengthen the engineering industry to realize the emirate’s vision of becoming a leading aviation hub. — trade arab news agency

[ad_2]

Source link

Related Articles

Gusteau Foods Transforming the Food Industry with Passion and Innovation

In a world where the demand for convenience and quality often seem at odds, Gusteau Foods Pvt Ltd, led by the visionary entrepreneur Karthick...

With an eye towards its IPO on Nasdaq and Euronext, AAD Invest Group finalizes a EUR 75 million funding agreement with Global Emerging Markets...

AAD Invest Group finalizes a EUR 75 million funding agreement with Global Emerging Markets (GEM) About AAD Invest Group – Nov 2024 Founded in January 2024...

The Banyan Tee – Merging Fandom, Innovation, and Ethics in Fan Merchandise

In an era where fan culture shapes much of our identity and lifestyle, The Banyan Tee offers a unique approach, combining sustainability with a...

BRICS+ Set to Outpace G7 by 2026: A New Era of Economic Power and Global Influence

BRICS+ group, consisting of Brazil, Russia, India, China, and South Africa, alongside a handful of newly integrated nations, is on the brink of a...

From Seed to Superfoods The Inspiring Journey of Bharat Budhiraja and Urbana Superfoods

In a world teeming with fast-paced food trends, Bharat Budhiraja is charting a unique path with his brand, Urbana Superfoods, owned by Krish Perennials Pvt....

Latest Articles