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Aircraft and finance: Air Works invests in Dubai Empire Aviation Group stake

Delhi, India - India, Middle East and beyond

Air Works, and Indian MRO service company (Maintenance, Repair and Overhaul) has purchased an undisclosed stake in Empire Aviation Group (EAG), a business aviation services company based in Dubai. The 1.2 billion rupee investment (about 22 million dollars) is said to be part of a wider strategy by the two companies to "Expand their footprints with each other's lucrative home markets". "We are...

AVIONEWS - World Aeronautical Press Agency - 1142345

AVIONEWS - World Aeronautical Press Agency