Jun 18 2012
|more articles from|
Air Works Makes a Strategic Investment in Dubai based Empire Aviation Group
New Delhi, June 18, 2012: Air Works India Engineering Pvt Ltd (Air Works), India's leading provider of Aviation Services, today announced that it has made a strategic investment in Dubai based private aviation specialist, Empire Aviation Group FZCO ( EAG ). This move will help Air Works increase its footprint in the Middle East and provide world class aircraft management services to its customers in India.
Formed in Dubai in 2007, by the existing management team and co-founders of the company - Paras Dhamecha and Steve Hartley - EAG is a one-stop shop for integrated private aviation services offering aircraft sales, aircraft management, aircraft charter, and aircraft finance and insurance. Today, the company has more than 100 staff and operates one of the region's largest managed fleets of business jets, with 20 aircraft under management, operating out of Dubai International Airport.
Commenting on the partnership, EAG co-founder and Executive Director, Paras Dhamecha said: "Since formation in 2007, EAG has successfully built a strong regional aviation business and grown revenues and profit every year. We have also recently been looking at the exciting potential of the Indian aviation market and opened our first branch office there in 2011. So, we warmly welcome this partnership with Air Works - one of the leading companies in India's rapidly developing private aviation sector - which will help facilitate our entry into India and allow us to exploit more fully the Indian market opportunity by replicating the full portfolio of aviation services for India that we have successfully developed for the Middle East."
Steve Hartley, co-founder and Executive Director of EAG , further commented: "This partnership with Air Works will help EAG to broaden our business base and service offering in the Middle East and India - and beyond. The timing is absolutely right as the global aviation sector recovers and this move will help accelerate EAG 's growth and development as a regional and international player in private aviation, which has been our mission since we started the company in Dubai, in 2007. Air Works is the leading aviation specialist in India and will provide market knowledge, experience and resources, so this is a very exciting opportunity for EAG ."
About Air Works
Established in 1951, Air Works (www.airworks.in) is the leading provider of aviation services qualified to maintain 50 aircraft types, for over 100 customers across 15 maintenance locations in India.
Through its Air Livery subsidiary, Air Works is one of Europe's largest providers of aircraft paint services. Also, 'SA Air Works India' Air Works joint venture with Scandinavian Avionics, Denmark, provides complete turnkey avionics solutions to both commercial and military customers in India.
About Empire Aviation Group
EAG (www.empire.aero) is a one-stop shop for integrated private aviation services, offering aircraft sales, aircraft management, aircraft charter, and aircraft finance and insurance. Since formation in 2007, the company has successfully weathered a global recession within the industry and still grown revenues and profit substantially every year. Today, the company has more than 100 staff and operates one of the region's largest managed fleets of business jets, with more than 20 aircraft under management, operating out of Dubai International Airport. The company focuses on a distinctive asset management approach to private aviation and has assembled a highly experienced team of aviation specialists, led by an experienced owner/management team.
For more information, please contact: Dhiraj Chhabra, Associate Vice President - Marketing, Air Works India (Engineering) Pvt. Ltd. Kalyani House, Plot 40 , Sector 18, Udyog Vihar, Gurgaon 122 001, Haryana, D: +91 1244642228 F: +91 1244642250 M: +91 9910103422 Email: firstname.lastname@example.org
Jonathan Walsh, Managing Director, WPR (ME) Limited, Dubai, UAE, M: +971 50 4588610, Email: email@example.com
© Press Release 2012
© Copyright Zawya. All Rights Reserved.
People Who Read This Also Read
- UPDATE 1-Korean women scrap meeting Japanese mayor over brothel remarks
- REFILE-Elderly Korean women cancel meet with Osaka mayor over war brothel remarks
- Korean "grannies" cancel meet with Osaka mayor over war brothel remarks
- Solar plane completes second leg of cross-country flight in Texas
- College student snares record long Burmese python near Miami
- There's More