Aug 6, 2007
Dubai Aerospace Enterprise
Dubai Aerospace Enterprise completed acquisition of Standard Aero and Landmark Aviation from Carlyle Group in a transaction valued at $1.9 billion. The companies will be merged "as a business enterprise" within its DAE Engineering subsidiary. DAE named Standard Aero President and COO Paul Soubry Jr. president and CEO of the combined companies. According to DAE, the acquisition and merger create "a global aviation services network of 12 primary facilities in the US, Canada, Europe, Singapore and Australia with an additional 14 regionally located service and support locations." Aug 3, 2007
Kenya Airways, Boeing
Kenya Airways recently opened a new training and leadership facility named "The Pride Centre". Located just outside the Kenyan capital, the newly refurbished facility was purchased by Kenya Airways in 2005 and modeled on Boeing's Leadership Center in St. Louis. A Kenya Airways fact-finding team recently visited Boeing's training facility and Rolls-Royce's Training Centre located just outside its headquarters in Derby, UK. Boeing also consulted with the airline on The Pride Centre's...