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$10.9 million FBO facility coming up at Dubai aviation city
Middle East News.Net
Monday 24th March, 2008 (IANS)
Dubai World Central (DWC) Aviation City, planned as the largest maintenance, repair and overhaul (MRO) facility in the world, has signed a deal with Palm Aviation to set up the project's first fixed-base operation (FBO) ground handling facility.
Palm Aviation will provide extension of its global flight support operations centre from Dubai Airport Free Zone to DWC Aviation City.
The 40-million dirham ($10.9 million), 80,000 square foot facility to cater to the flight support services industry will be built within DWC, set to become the world's largest airport, at Jebel Ali near here, according to media reports.
'DWC Aviation City will be home to the world's largest MRO providers, largely due to the strategic aviation services offerings to third parties setting up their regional operations within our project,' Abdullah Al Quraishi, chief executive of DWC Aviation City, said.
Under the agreement, Palm Aviation will extend its existing global flight support operations centre to DWC Aviation City from its existing Dubai Airport Free Zone office as part of their expansion strategy, set to see the company grow by 35 percent annually over the next five years across the region.
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