Dubai Aerospace Enterprise CEO Bob Johnson kicked off what promises to be a hectic week for the show’s sponsor yesterday morning by inking a global cooperation MoU with his GE Aviation counterpart, Scott Donnelly. There was news, too, of a major investment program planned for India and a strategic agreement with Dubai Airports.
DAE and GE plan to collaborate on the financing and leasing of aircraft, engines and spares; support operations, the location of engine maintenance, repair and overhaul capabilities; services such as material management and supply and the repair of components and accessories; and the evaluation of opportunities for GE to support DAE in the management and operation of airports and their security systems.
“I think together we can develop some great innovative solutions for customers, not just here but in the rest of the world,” Johnson said. Donnelly said GE had been talking with DAE since the company started operations early this year and had found their positions in the marketplace aligned well. Johnson added that he hoped the outcome of the collaboration would prove “significant” and promised “definition and action” in 2008.
