Dubai: The Mohammed bin Rashid Aerospace Hub (MBRAH) has announced an agreement with Tim Investment, paving the way for the establishment of a Maintenance, Repair, and Overhaul (MRO) hangar at Dubai South, specifically designed to cater to wide-body aircraft.
The signing ceremony, held at the Dubai South headquarters, was attended by esteemed guests including Mr. Khalifa Al Zaffin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, Mr. Tahnoon Saif, CEO of MBRAH and Mr. Timor Shah Shahab, Founder and CEO of Tim Investment. Senior executives from both entities were also present to witness this milestone moment.
The agreement with Tim Investment underlines our ongoing commitment to fortifying the growth trajectory of Dubai’s aviation sector, and in attracting the top global players to establish their presence in the emirate as part of Dubai South’s dynamic ecosystem, which caters to the needs of businesses. We will spare no effort in supporting Tim Investment’s expansion into Dubai, and shall continue to contribute to cementing Dubai’s position on the world aviation map.
Mr. Tahnoon Saif remarked.
The new hangar is scheduled to take place during Dubai Airshow 2023, with construction anticipated to conclude by the first quarter of 2025. Tim Investment, renowned for its diverse and dynamic portfolio, is a prominent force in the aerospace sector. Under its umbrella, the company encompasses notable entities such as V2 Aviation DMCC, specializing in aircraft and requisites leasing, as well as air charters for passengers and cargo. It also includes V2 Aerospace JAFZA, focused on aircraft spare parts trade, Legend Airline SRL Europe, a premier European airline service, and Tim Aerospace DWC, providing comprehensive passenger and cargo aircraft repair, maintenance, and dismantling services.
MBRAH, known for its high-level connectivity and global reach, serves as a free-zone destination for leading airlines, private jet companies, MROs, and associated industries. Situated in Dubai South and developed to foster the emirate’s vision of becoming a leading aviation hub, MBRAH is home to maintenance centers, training and education campuses, and various engineering industries. This partnership with Tim Investment will further enhance its capabilities and solidify its position as a premier aerospace hub.
The collaboration between MBRAH and Tim Investment represents a significant step towards strengthening Dubai’s aviation sector. It will contribute to the growth and development of MRO services while attracting major players in the global aerospace industry to the region.