Dubai

June 26, 2007 - 4:14am

It seems inconceivable that next November’s Dubai Airshow, the tenth in a series that began modestly in 1989, will be the last at the new site inaugurated just 10 years ago. But in 2009 the aerospace caravan will be pitching camp at the new Dubai World Central (JXB) Airport in Jebel Ali, 40 kilometers and another huge leap of the imagination away.

June 20, 2007 - 10:52am

It seems inconceivable that next November’s Dubai Airshow, the tenth in a series that began modestly in 1989, will be the last at the new site inaugurated just 10 years ago. But in 2009 the aerospace caravan will be pitching camp at the new Dubai World Central (JXB) Airport in Jebel Ali, 40 kilometers and another huge leap of the imagination away.

June 19, 2007 - 11:38pm

Dubai plans investments totaling $82 billion in aerospace over the next 10 years in support of its aim to become the world’s aviation and logistics hub.

June 14, 2007 - 6:34am

In Dubai, the temperature never gets anywhere close to freezing but that hasn’t stopped the Arabian Gulf state from building an artificial ski slope. As the emirate has sought to re-invent itself as a center for tourism and commerce to ensure its economic future as oil revenues dwindle, projects like this have earned it a reputation for money-no-object spending. So why shouldn’t it add an aerospace industry to its wish list?

April 30, 2007 - 6:20am

State-owned Dubai Aerospace Enterprise (DAE) agreed last month to purchase Carlyle Group’s Landmark Aviation and Standard Aero Holdings for $1.8 billion. If the deal makes it through the lengthy approval process as proposed, it will be DAE’s first venture into the U.S. market.

April 16, 2007 - 6:28am

The first Middle East Business Aviation Conference is to be held in Dubai on November 19, on the eve of the Dubai airshow (November 20 to 24). The event is being run by Dubai show organizer Fairs & Exhibitions, hosted by Abu Dhabi-based charter operator Royal Jet and will have as its conference chairman Jack Olcott, president of General Aero and former president of NBAA.

April 3, 2007 - 12:31pm

SEC documents filed yesterday reveal that Dubai Aerospace Enterprise (DAE) will pay $1.8 billion–$300 million more than originally estimated–for the Carlyle Group’s Landmark Aviation of Phoenix and Standard Aero of Winnipeg, Canada. More than half of the total, $1.034 billion, is for Standard Aero. The filing confirms DAE’s commitment to selling off the Landmark network of FBOs soon after the deal is completed.

March 27, 2007 - 6:41am
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Dubai investment firm Dubai Aerospace Enterprise (DAE) at press time was in “active discussions” with Washington, D.C.-based private-equity firm  Carlyle Group to acquire its Standard Aero company and Landmark Aviation, particularly its maintenance, repair and overhaul (MRO) businesses. According to sources familiar with the process, DAE is expected to pay more than $1.5 billion for the two firms.

March 22, 2007 - 8:27am

Helicopters fill the make-believe future skies in Disney World’s Tomorrowland, but in Dubai in the United Arab Emirates real rotorcraft are an integral part of the plans of high-end hotel and resort projects that are so huge they would likely boggle the fertile mind of Walt himself, if he were still alive.

March 20, 2007 - 11:56am

As reported yesterday in AINalerts, Dubai Aerospace Enterprise (DAE) is in “active discussions” with Washington, D.C.-based Carlyle Group to acquire its Landmark Aviation and Standard Aero companies. According to people familiar with the process, DAE is expected to pay more than $1.5 billion for the two firms.

 
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