In week 16 of PLA’s global wrap, we feature Lufthansa Cargo after it recently signed a contract to modernise its cargo operations at Frankfurt airport. We also have the latest on ACL Airshop as the ULD solutions company positions itself for growth, as well as B2B news from Consol Alliance, Geodis, Worldwide Flight Services, Antonov and more to round up the updates from last week. Lufthansa eyes cargo hub modernisation Lufthansa Cargo is pushing ahead with the modernisation of its logistics … [Read more...] about PLA Global Wrap: Week 16
Dubai Aerospace Enterprise
Mubadala full acquires SR Technics Group
Mubadala Development Company has acquired sole control of the SR Technics Group and increased its shareholding to 70 per cent following a buyout of Istithmar’s 30 per cent shares. Dubai Aerospace Enterprise (DAE) continues to hold a 30 per cent shareholding in the company. The consortium acquired SR Technics in 2006. SR Technics will continue to operate as an independent company under its existing brand. … [Read more...] about Mubadala full acquires SR Technics Group
Middle East : DAE grows wide-body portfolio
Dubai Aerospace Enterprise (DAE), the global aerospace, manufacturing and services corporation, has acquired three Airbus aircraft ordered by Kingfisher Airlines in a sale and leaseback deal. DAE Capital, the aircraft leasing and financing business of the Dubai government, announced the completion of the acquisition of three new Pratt and Whitney-powered Airbus A330-200 wide-body aircraft ordered by Kingfisher Airlines from Airbus. DAE Capital currently has 33 aircraft on its books, with … [Read more...] about Middle East : DAE grows wide-body portfolio
