Rolls-Royce and Mubadala in aviation services pact

Tue Jul 15, 2008 6:18pm BST
 
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FARNBOROUGH (Reuters) - Rolls-Royce Group and Abu Dhabi investment agency Mubadala Development Co said on Tuesday they had set up a joint venture to serve the fast-expanding Middle East aviation services market.

The joint venture will offer "On-Wing Care" through Abu Dhabi Aircraft Technologies as well as a wide range of line maintenance services from boroscoping to engine changes for Rolls-Royce's Trent family operators in the region, the British engine maker said.

"The Middle East is a rapidly-growing market, and the United Arab Emirates presents a major hub for airlines and aerospace activities within the region," Miles Cowdry, services president at Rolls-Royce said in a statement.

(Reporting by Rhys Jones, Editing by Dan Lalor)

 

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