General Travel News
German Aerospace Companies First Air Zone Tenants
German aerospace companies will be the first tenants to occupy the aerospace zone at Al Ain International Airport. MT Aerospace, Aerotech Peissenberg and Aircraft Electronic Engineering signed Memorandum’s of Understanding with Abu Dhabi Airports Company. The companies will build plants that produce avionic systems and aerostructures at Al Ain.
Mubadala Development, an investment arm of the Abu Dhabi government, has partnered with the ADAC to develop the industrial zone. The government will build a composite manufacturing plant on the site. ADAC chairman said “We are delighted to welcome three such highly regarded companies”. The agreements follow an official signing with the Bavarian Aerospace Cluster to create a new partnership with the Al Ain Zone. Additional agreements with UK companies and Mistral engines are expected later in the week.
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