Development and Growth in UAE Aviation Industry
UAE aviation industry has made significant strides in recent years.
This industry became a symbol of the nation’s industrial progress.
Besides the competitiveness of national solutions, systems, and products that proudly bear the label “Made in the UAE.”
These products are now competing strongly in global markets.
The UAE aviation industry has witnessed notable development and growth, with a wide range of specialized sectors.
What makes it different from other industries is its reliance on advanced technology and artificial intelligence.
By adhering to the highest international standards.
This has enabled the industry to become highly competitive on a global scale.
Strata
Strata Manufacturing is a company specialized in the production of aircraft structures and advanced manufacturing.
Ismail Ali Abdullah, CEO of Strata Manufacturing, commented:
“Strata is a crucial part of the UAE’s economic diversification strategy.
It reflects the leadership’s vision that aims to make Abu Dhabi a global hub for aviation.
Enhancing the country’s competitiveness in advanced industry and technology.
This vision is embodied in Strata’s manufacturing journey and the achievements it has realized.”
1/10 Aircraft Contains Parts Manufactured in the UAE
Over the last 15 years, Strata has produced more than 90,000 aircraft parts.
Including lower winglets, wing flaps, and the vertical tail fin, all proudly marked “Made in the UAE.”
These parts have been supplied with confidence to major global aviation companies like:
- Boeing
- Airbus
- Pilatus
Abdullah noted that one from every 10 aircraft worldwide contains parts manufactured in the UAE.
Since its inception, Strata has adhered to strict standards in the aviation industry, establishing itself as a global success story.
Sanad
Sanad Group is a global leader in aerospace engineering and finance solutions.
It is also a key player in supporting the UAE’s national economy and strengthening foreign trade.
Sanad is the first and largest company in the region specializing in aircraft engine maintenance, repair, and overhaul (MRO).
With nearly 38 years of experience in the global aviation market.
90% of Sanad’s revenue comes from outside the UAE.
Sanad has always focused on meeting the growing global demand for aircraft engine maintenance.
In the first half of this year, Sanad achieved revenues of AED 2.3 billion.
The company expects its revenues to grow by more than 28% this year compared to 2023, and 100% compared to 2022.
In 2023, Sanad serviced a record number of engines, with 142 engines undergoing maintenance.
By the end of this year, the number is expected to reach 170.
The UAE labour market continues to lead global labour markets in terms of the most prominent international competitiveness indicators for the year 2024, which monitor the extent of progress and development in various aspects of the labour system. pic.twitter.com/1zDTarES4A
— UAE Voice (@uae_voiceeng) October 23, 2024
UAE Aviation Industry – Partnerships
Dr. Maryam Kteit, Director of Global Accelerators and Innovation at Boeing in the Middle East, Turkey, Africa, and Central Asia, stated:
“Boeing is closely working to explore innovation and collaboration opportunities in the aviation sector.
This partnership with the UAE has allowed the company to discover, guide, support.
And also to invest in several startups providing innovative solutions to address critical challenges in aviation.
Dr. Kteit highlighted Boeing’s support for “Vista” aviation startups and entrepreneurs platform during the Global Aerospace Summit.
As it offers startups the opportunity to showcase their innovative solutions to a special group of aviation investors.