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Abu Dhabi, UAEWednesday 21 November 2018

Abu Dhabi Aviation to launch consultancy unit

The company is counting on its aviation sector experience and track record to help ADA Millennium break into the elite ranks of consultants such as McKinsey & Co and KPMG.
Abu Dhabi Aviation chairman Nadir Al Hammadi said that they are on a diversification path to help offset the highly cyclical nature of aviation. Ravindranath K / The National
Abu Dhabi Aviation chairman Nadir Al Hammadi said that they are on a diversification path to help offset the highly cyclical nature of aviation. Ravindranath K / The National

Abu Dhabi Aviation will launch a consultancy arm as part of its continuing diversification strategy, the commercial aviation services operator said yesterday.

In a joint venture with the British consulting firm JCBA, the Abu Dhabi-listed company is counting on its aviation sector experience and track record to help ADA Millennium break into the elite ranks of consultants such as McKinsey & Co and KPMG.

Abu Dhabi Aviation will own 51 per cent of ADA Millennium and JCBA the rest.

The Abu Dhabi Aviation chairman Nadir Al Hammadi said that it was on a diversification path to help offset the highly cyclical nature of aviation. It operates a fleet of 61 helicopters and three fixed-wing aircraft that services the offshore oil, engineering and construction industries including medical evacuation, according to its website.

The company also owns the cargo airline Maximus Air and holds a 50 per cent stake in the luxury charter operator Royal Jet.

Abu Dhabi Aviation will expand its commercial aviation training centre business this year and also make a push into property development to better use its real estate holdings, Mr Al Hammadi said.

John Bowell, ADA Millennium’s managing director, said that the aviation sector would be a springboard to those that offer “natural synergies” such as hospitality and leisure.

The consultancy’s focus will be on the Middle East, Africa and Turkey and clients will be a mix of private and public sector entities, Mr Bowell said.

malrawi@thenational.ae

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