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Dubai World Central Aviation City, home to
one of the largest maintenance, repair and overhaul (MRO) centres in the world, has signed a
deal with UAE based Majestic Wings Private Airplane Charter, to set up the project’s second fixed base operations (FBO) facility with an
investment value of AED 200 million.
The contract was signed on the sidelines of the Aircraft Interiors Middle East (AIME) 2008 show being held at the Dubai International
Exhibition & Convention Centre on 16-17 June 2008 by Abdulla Al Qurashi, CEO, DWC Aviation City and Ahmed Hassan Ahmed Al
Housani, CEO, Majestic Wings.
The 79,000 square feet facility which will cater to the jet aviation support services industry will be built within Dubai World Central – the 140
square kilometre urban land project centred around Al Maktoum International Airport, set to be the world’s largest on
completion.
Under the agreement, Majestic Wings will build their own facilities to offer the full range of FBO services with a focus on business jets.
“The Middle East FBO and maintenance, repair & overhaul (MRO) market is growing at 9% annually and aviation service providers are
experiencing a distinct lack of world-class aviation infrastructure facilities in the region,” said Abdulla Al Qurashi, CEO, DWC Aviation City.
“DWC Aviation City is preparing a full range of aviation services infrastructure and with companies like Majestic Wings signing up with
high-value investments, the DWC project is an answer to the industry’s growing demands.”
Majestic Wings will own two Gulfstream G200 aircraft which will be sub-leased for use by
corporations for business trips, freight transport and
special large group-flights.
The company is owned by His Excellency Sheikh Hamad Bin Tahnoon Al Nahyan and His Excellency Sheikh Khalifa Bin Hamad Al
Nahyan.
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