Wednesday, December 2, 2015
Middle Eastern Helo Operator Diversifies into All Segments
As offshore operators wean themselves from the weakened oil and gas market, Abu Dhabi Aviation is pressing on with diversification into fixed-wing operations, maintenance and consulting in aviation and other fields, according to a report by London’s Daily Telegraph. The United Arab Emirates operator focused for three decades on supporting the Middle Eastern offshore oil and gas industry. It began diversifying in 2008 just as the global financial crisis hit and oil prices slumped. In addition to its helicopter operations, Abu Dhabi now owns the fixed-wing cargo airline Maximus Air and 50% of the VVIP fixed-wing charter operator Royal Jet, and co-owns with Britain’s jcba the consultancy firm ADA Millennium, which works in aviation, manufacturing, hospitality, oil and gas and private equity. It plans in 2016 to open a new training center in Abu Dhabi for military and civilian helicopter and fixed-wing pilots. The company, which operates a fleet of about 60 AgustaWestland and Bell Helicopter rotorcraft and three fixed-wing aircraft, also offers maintenance in coordination with AgustaWestland Aviation Services.