Bolstered by billions, Dubai launches into MRO, leasing and airport operations
Already a growing power in the air transport sector, the United Arab Emirates is setting up Dubai Aerospace Enterprises and intends to invest $15 billion to become a major player in everything from aircraft leasing and airport development to component manufacturing and maintenance, repair and overhaul. DAE's launch could spur industry consolidation at the supplier level and could lure key executives and highly trained workers away from competitors. The advent of a financially strong ...
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