Dubai-based Al-Futtaim has signed a lease agreement with Dubai South for a 10,000m² (107,600ft²) plot of land adjacent to DC Aviation Al-Futtaim’s (DCAF) existing facility, that will assist the expansion of the only fully integrated business aviation facility based out of Al Maktoum International Airport (AMIA) in the UAE.
The new plot will increase the operational potential and capabilities of DCAF, which currently occupies a state-of-the-art business aviation facility at AMIA spanning 14,700m² (158,230ft²).
“Our commitment to Dubai’s ever growing aviation industry and the government’s ambition to establish the emirate as a truly global hub for commercial and private operators is reinforced with this agreement to plan the next phase of our successful business aviation joint venture,” said Omar Al-Futtaim, vice chairman, Al-Futtaim.
“We always plan ahead, taking a long-term strategic view, and this agreement is the precursor to more exciting developments for Al-Futtaim, Dubai’s private aviation sector and the wider Dubai South area.”
Khalifa Al Zaffin, executive chairman, Dubai Aviation City Corporation (Dubai South’s parent organization), said, “We are pleased to have our first tenant – DCAF – sign a new lease agreement to expand its operations at the Aviation District of Dubai South. This agreement feeds in nicely with our vision to build a comprehensive ecosystem dedicated to the aviation industry. Our focus will always be to provide our partners the necessary infrastructure and facilities to grow and thrive thereby supporting Dubai’s ambition to become a global aviation hub in line with the emirate’s strategic vision.”
DCAF is a joint venture between Al-Futtaim and Germany’s DC Aviation. Its core areas of business include aircraft management, maintenance, FBO and ground handling, and business jet charter.
November 16, 2015
