Sunday 29 March 2009

Boeing keen on emirate’s plans

After seeing European firms strike deals with Abu Dhabi over aerospace manufacturing, Boeing, the largest US aerospace business, is “very interested” in finding ways to fit into the emirate’s development plans.

Boeing believes there are potential synergies in creating joint ventures with firms including Mubadala Development, an investment company owned by Abu Dhabi, for aviation education, training, manufacturing and technological development.

“They clearly want to move forward with economic diversification in aerospace,” said Paul Kinscherff, the newly installed president of Boeing Middle East in charge of promoting Boeing commercial and military aircraft in the region.

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