Dubai Aerospace Enterprise will this week unveil its new chief executive, veteran former Honeywell Aerospace boss Bob Johnson, at Farnborough, as it begins to flesh out plans to create a $15 billion global aerospace services giant.
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| Johnson: Aerospace veteran |
Although DAE - which launched at February's Asian Aerospace in Singapore - has few staff or assets, Johnson's appointment is a sign it is keen to entice US customers as well as those from Asia and the Middle East. Dubai-owned DP World earlier this year pulled out of a deal to buy US container ports after a political backlash.
DAE's first businesses will be in aircraft financing, airports management, maintenance, repair and overhaul and training: it has signed a co-operative venture on the latter with the UK's Cranfield University.
DAE is sponsoring the Youth Day on 21 July and the air display.
Source: Flight International
