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Gulf Nations Continue Aviation Acquisitions
Two interesting acquisitions noted in the local press today:
1) DNATA has purchased Jet Aviation Handling from its Swiss owners and has rebranded the operation DNATA Switzerland effective today. I am sure we will see many other DNATA brands popping up globally, a la DP World!!! 2) Saudi Arabia is to invest 20% ownership in Austrian Airlines. The march towards Global Domination continues!! AB6 |
Saudi Arabia is to invest 20% ownership in Austrian Airlines. Then there is this..... DUBAI, UAE — DAE Services, the aviation technology division of Dubai Aerospace Enterprise (DAE), has acquired flugwerkzeuge aviation software (f:wz), a privately-held Austrian software firm that develops and distributes cost-optimising flight planning solutions for airlines for US$ 25 million. Mutt |
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