Thomas Foley, CEO of Greenville, S.C.-based Stevens Aviation, has been appointed by President Bush to serve as director of private-sector development in Iraq. Foley, 51, will lead a staff responsible for developing and implementing a privatization plan for some 200 state-owned enterprises and managing trade and foreign investments into Iraq. He and President Bush first met in 1974 when both were attending Harvard University.
Too few business aircraft are based in the United Arab Emirates (UAE) and other Arabian Gulf states to meet rising demand for executive charter flights, according to International Air Charter (IAC), a UK-based charter brokering group that opened an office in Dubai two years ago. The company is urging charter operators to move aircraft into the region to increase capacity and stimulate further demand.
The Middle East Business Aviation conference and exhibition (MEBA) has established itself firmly on the industry calendar after a successful inaugural event held in Dubai in the United Arab Emirates on January 31 and February 1. The show is organized by Fairs & Exhibitions (the UK company that organizes the biennial Dubai Air Show) and has the backing of the new Middle East Business Aviation Association (MEBAA).
AIN reported this morning (Saudi Typhoons in Final Assembly; Tornados Being Upgraded) that an announcement about Saudi Arabia’s agreement to buy 72 Eurofighter Typhoons could come soon…and it did. In fact, it came sooner than even we expected.
In our final edition at the recent Paris Air Show we revealed that Saudi Arabia had already concluded a contract for 72 Eurofighter Typhoons with the UK government worth $16 billion for the airframes alone.
Bexair, the Bahrain-based executive charter firm, is set to take the size of its fleet into double digits with an order for a new Bombardier Challenger 605. The company is also preparing to open several new international bases and wants to develop
as a business aviation services group.
Kuwait Airways has renewed a time-and-material engine maintenance contract with Snecma Services covering the CFM56-5C engines on its Airbus A340s. Snecma Services has overhauled more than 50 CFM56-5s for the Kuwaiti flag carrier in the course of a relationship that started more than 10 years ago.
Sikorsky announced Tuesday that the kingdom of Bahrain had signed a letter of acceptance for nine Sikorsky UH-60M Black Hawk helicopters, the first export sale for the variant. Handled through foreign military sales channels, the acquisition is costing $204 million. The UH-60M is the latest Black Hawk version, featuring uprated engines and gearbox, wide-chord rotor blades and a digital, open-architecture avionics suite.
Mubadala Development Co. PJSC, a strategic investment and development company owned by the government of the Emirate of Abu Dhabi, has signed a memorandum of understanding with Boeing to explore aerospace opportunities.
Abu Dhabi Systems Integration, the United Arab Emirates joint venture of Selex Systemi Integrati (a Finmeccanica company), and Abu Dhabi Ship Building have signed a three-year contract worth more than $6.75 million with the UAE air force and air defense (UAE AFAD) to implement the Capability Maturity Model for Integration (CMMI). This requires the use of the CMMI Appraisal Method for Process Improvement developed by the Software Engineering I