Rolls-Royce and Mubadala launch joint venture

Abu Dhabi: Rolls-Royce and Mubadala Development Company (Mubadala), the business development and investment company located in Abu Dhabi, announced the launch of a new joint venture company to serve the rapidly expanding Middle East aviation services market, on Tuesday.

The new joint venture will offer On-Wing Care through Abu Dhabi Aircraft Technologies (ADAT), which is the 12th largest maintenance, repair and overhaul company in the world.

Services will include provision for a wide range of specialist line maintenance support services from boroscoping to engine changes for Rolls-Royce Trent family operators in the region.

In addition, it will also launch a new service to provide asset management services for engine system accessories.

The new company joins a worldwide network of centres, which can offer specialised support services at the closest point of operation for Rolls-Royce customers.

Homaid Al Shemmari, Director of Mubadala Aerospace, said: “Our partnerships with world-class companies like Rolls-Royce are solidifying the creation of Abu Dhabi's aerospace hub. Specifically, this joint venture will attract knowledge intensive industries to Abu Dhabi.''