DAE to acquire 80% of Joramco
Dubai, UAE, September 20, 2016: Dubai Aerospace Enterprise (DAE) Ltd. announced the signing of a definitive agreement to acquire 80% of Jordan Aircraft Maintenance Limited from The Abraaj Group. Terms of the transaction were not disclosed.
Established in 1963, Joramco has a solid track record as a leading independent commercial aircraft maintenance, repair and overhaul (MRO) facility serving a wide range of customers in the Middle East, Europe, South Asia, Africa, Russia and the CIS countries. From its base in Queen Alia International Airport in Amman, Joramco offers services on several aircraft models manufactured by Airbus, Boeing and Embraer. Joramco is certified by a number of regulatory authorities which include the Jordan Civil Aviation Regulatory Commission (JCARC), the U.S. Federal Aviation Administration (FAA), the European Aviation Safety Agency (EASA), and the UAE General Civil Aviation Authority (GCAA).
DAE Managing Director Khalifa H. AlDaboos said: “Joramco with its experienced staff provides a high quality product at a very competitive price to regional and global airlines. We welcome Joramco to the DAE family and look forward to working with the management to accelerate the growth trajectory of the Company by expanding its product offerings, customer reach and geographic area of focus.”
Dubai Aerospace Enterprise (DAE) Ltd is a globally recognized aerospace company headquartered in Dubai.
Home >> Travel & Tourism Section
Emirates returns to Nigeria from 1 October
The Environment Agency – Abu Dhabi Starts the First Reintroduction Phase of Dama ...
Emirates invites UAE's cabin crew candidates to exclusive events
Family Development Foundation launches “Kindness and Mercy” campaign to raise aw ...
Ford Middle East achieves highest first-quarter sales since 2016
Deliverect honours top restaurants in UAE and Saudi Arabia with 0% failed orders ...
The Matcha Tokyo Debuts In Dubai
McNulty defends US TT title as Molano top-5 in Giro D'Italia
Sheikh Mansoor lauds Sheikh Ahmed bin Rashid and Rashid bin Hamdan Mansoor bin M ...
The Authority of Social Contribution – Ma'an, Allocated AED 91M in Contributions ...
Emirates begins operating with SAF at London Heathrow Airport
Agility Global PLC Reports Q1 2024 Net Profit of $30.5 Million
Dubai Civil Aviation Authority Shines Spotlight on Air Transport Enablement at A ...
Dubai Culture and National Library & Archives Discuss Emirati Heritage in new Le ...
Union Coop Wins "Nafis" Award 2023-24
Cigna Run&Fitness supports People of Determination
Dubai Health Authority and Appolonia Dental Group signed a memorandum of underst ...
Dubai Municipality introduces cutting-edge smart and remotely operated marine sc ...
Deyaar posts AED 77.5 million Net Profit Before Tax, up 38% YOY in Q1 2024