ADQ proposes combining AMMROC, Etihad Engineering and GAL into Abu Dhabi Aviation

ADQ has submitted an offer to combine its 100% shareholdings in Etihad Engineering and AMMROC, and its 50% ownership of GAL, into Abu Dhabi Aviation (ADA) to create a global aviation MRO and services champion. The combined group would have assets of approximately AED 9.4 billion (USD 2.6 billion).

“The proposed transaction will further position Abu Dhabi as a world-leading center of aviation excellence.”aviator.aero

• 1 source
• aviator.aeroADQ offers to combine its shareholdings in AMMROC, Etihad Engineering and GAL into Abu Dhabi Aviation to create a global aviation MRO and services champion | AVIATOROct 17, 2022

Summarized from public sources; check the original articles before acting on it.