New Aviation Consortium formed
Seen as a solution for SMEs looking to increase their leverage with suppliers and service providers
Abu Dhabi: Capital Shield Insurance Brokers (CSIB) and Abu Dhabi Aviation (ADA) announced Sunday a Memorandum of Understanding in which both parties will be working towards the formation of a new Aviation Consortium called Tayaran.
The consortium is being developed following months of discussions between CSIB and ADA who together recognise the major synergies that both companies offer each other in the field of expertise and process related industries.
ADA believes this is an excellent opportunity for the aviation industry in the Middle East to become more competitive and reduce costs while increasing overall quality of services offered.
This consortium is a solution for small to medium size aviation companies and aircraft owners looking to increase their leverage with suppliers and service providers and we welcome all members of the aviation industry and aircraft owners in the Middle East to join the consortium and contribute to it’s success.
The concept of Tayaran came about in an effort to create leverage for small to medium sized aviation companies and aircraft owners in negotiating insurance premiums and terms, in addition to enabling them to possess the purchasing power for ground services that only large airline companies can command.
