| First
UAE Jet Aircraft will be in production by
2019
Dubai Mubadala Aerospace,
a business unit of the Abu Dhabi-based Mubadala
Development Company, is gearing to roll
out the first UAE-manuctured aircraft by
2019, according to a senior company executive.
“We will be able
to build a jet in the UAE over the next
9-10 years — 2019 is what we have
set ourselves as a target. We have to build
up to it gradually as we establish the MRO
[maintenance, repair and overhaul] and make
it globally competitive,” Abdullah
Shadid, chief commercial officer, Mubadala
Aerospace MRO network, told Gulf News on
the sidelines of the recently held MRO Middle
East 2012 event.
Shadid added that Mubadala
is trying to make aerospace over the next
decade “one of the most important
drivers” for Abu Dhabi’s economy.
“We saw MRO as a precursor into developing
that. So while we started with MRO, over
the last couple of years we moved into manufacturing
and built that up with Strata [a composite
aerostructures manufacturing facility wholly-owned
by Mubadala] in Al Ain. And that becomes
an immediate step to build our own aircraft,”
he explained.
Success story
Strata has been a remarkable
success story when it comes to manufacturing
aerostructures, Shadid said. “Hopefully
we can continue that success story to eventually
building our own aircraft,” he said.
During the Dubai Airshow last November,
Mubadala was introduced by US plane manufacturer
Boeing as its Tier-1 supplier for aircraft
parts, a deal under which Boeing Commercial
Airplanes established Strata Manufacturing
(Strata) facility in Al Ain, as a major
Tier-1 supplier to Boeing.
Industry experts seem
to be in agreement with Mubadala’s
goal of manufacture aircraft in the region.
“I think it’s possible for the
UAE to start making its own aircraft. It
is an important part of becoming competitive,”
Lida Mantzavinou, consulting analyst, commercial
aviation, Frost and Sullivan, told Gulf
News.
“Right now, Mubadala
has Strata, which is composites manufacturer.
In the near future, they will have to build
an aerospace industry. But they will need
to have co-operation from other MRO and
aviation players in the region to be able
to bring out their own jet,” she said.
“If you’re alone, it’s
hard to do that — in the UAE it’s
only Strata focusing on that as of now.”
Future growth
Commenting on the changing
faces of the MRO industry in the Middle
East, Mantzavinou said the MRO industry
in the Middle East is on an “upward
spiral” and that it is expected to
reach around “$7 billion (Dh25.70
billion) by 2020”. “The MRO
market in the rest of the regions, such
as Europe, North America, and Africa, is
also going to grow but at a slower rate
and smaller volumes,” she said.
Other industry experts,
too, project aggressive growth in the MRO
industry in the region over the next decade.
“The Middle East MRO market is today
estimated at $3.1 billion and is projected
to grow to $4.9 billion in 2021,”
said Tom Cooper, senior vice-president and
principal, TeamSAI. He added that there
is absolutely “no reason that we can’
be extremely successful” with MRO
in this region. “The demand is here.
If you look around the Middle East, that’s
where all the growth is for the next ten
years,” he said. By Gulf News
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