Log in to use our free company, program and sector update tracker feature.
 

Front page

MT Aerospace AG and Abu Dhabi Airports Company sign Memorandum of Understanding (MoU) for cooperation in the aeronautics sector

The Middle East is one of the fastest growing markets for air traffic in the world, which manifests itself in the continued efforts of the United Arabic Emirates to establish a local aerospace industry structure through business and technological cooperation agreements.

A strong interest in mutual cooperation between the Bavarian cluster for aeronautics and the aerospace cluster Abu Dhabi had already been expressed during an entrepreneurial trip undertaken in conjunction with the Bavarian ministry of economics in the spring of 2009. For the build up of an aeronautical industry, the United Arabic Emirates rely on the know-how and competence of the Augsburg based company MT Aerospace AG.

In this context, MT Aerospace AG directors Hans J. Steininger and Walter H. Köppel, and Abu Dhabi Airports Company (ADAC) representatives signed a cooperation agreement on June 15th, 2009, the opening day of the International Paris Air Show at Le Bourget. This memorandum of understanding (MoU) sets out specific goals for the future cooperation of the two partners. First and foremost, the document focuses on the development of manufacturing locations for the aeronautical industry in Abu Dhabi.

The MoU provides MT Aerospace AG, as an established supplier for the aeronautical industry, with the opportunity to participate in the Emirates' ambitious plans for the future. However, both sides benefit equally from the proposed cooperation: the Emirates will be able to rely on MT Aerospace AG's extensive know-how and experience in aeronautics sector while the Augsburg based medium-sized company will benefit from the economic potential of the region.

H. J. Steininger, CEO of MT Aerospace AG, welcomes the activities of Abu Dhabi Airports Company: "The growing interest shown by Arabic countries in intensifying economic relations with Bavarian companies emphasises once again the superior competence of our Bavarian aerospace cluster."

Press release issued by MT Aerospace AG on June 16, 2009

 

 Contact details from our directory:
MT Aerospace AG Composite Structures, Ceramic Composite Structures, Metal Structures, Fuel Tanks & Systems, Aircraft Structural Components, Waste Water Systems, Water Systems

 

 Related directory sectors:
Structural Components
Fuel Systems
Environmental Systems
Composites

Enhanced listings:


EuroLink International Sales & Marketing
Build sales faster! International business development services for vendors to the aerospace sector. Multilingual technical sales & marketing to OEMs, MROs, and Tier suppliers.

EWI
The leading engineering and technology organization in North America dedicated to developing, testing and implementing advanced manufacturing technologies for industry.

Beckwood Press
Your single source for aerospace forming equipment. Manufacturer of Triform Sheet hydroforming presses.

Dymax Corporation
A leading manufacturer of advanced light-curable adhesives, maskants, coatings, oligomers, light-curing equipment, and fluid dispense systems.

Attwater Group
Attwater are manufacturers and machinists of thermoset, high pressure composite sheets to recognised international standards.

See our advertising tariff.

 

12
data pages remaining in monthly quota for non-subscribers

© Copyright of Airframer Limited, operated under licence by Stansted News Limited 2017. Terms & Conditions of reading.