Construction starts at DWC's Aviation District
Construction is underway at Dubai World Central’s Aviation District, a purpose-built area designed to meet the needs of aviation businesses, and leasing negotiations have commenced with FBOs (Fixed Base Operators) and other aviation businesses.
DWC further revealed that Majestic Wings Private Airplane Charter is planning to move within 12 months, making it among the first high-profile aviation companies to set up operations, sustaining DWC’s strategy of expanding general aviation services as an important step in the long-term growth of the aviation industry. The company will occupy a 7360-square metre plot within one of the most premium locations.
Majestic Wings, which is co-owned by H.E. Sheikh Hamad Bin Tahnoon Al Nahyan and H.E. Sheikh Khalifa Bin Hamad Al Nahyan, will develop a class ‘A’ hangar facility.
The class ‘A’ hangar is within walking distance of the newly announced permanent venue of the Dubai Airshow, starting 2013. Leveraging the integrated master development concept of the Aviation District, Majestic Wings will have direct access to both Jebel Ali Port and the components of DWC including Logistics District and Al Maktoum International Airport. It will also have a dedicated apron measuring 4,738 square metres in front of the hangar facility, providing space for several aircraft and ensuring easy access for clients.
“DWC continues to energise the industry with opportunities for business growth. It is positioned to meet the present and future needs of aviation, air transport, commercial and logistics businesses, being the world’s first purpose built aerotropolis,” said H.H. Sheikh Ahmed Bin Saeed Al Maktoum, Chairman, Dubai Aviation City Corporation. “Dubai World Central will continue to play an important role in the long-term strategic growth plans of the emirate as we aim to establish Dubai as a premier hub for the aviation and logistics industries in the MENASA region and around the world.”
Dubai World Central and Majestic Wings had earlier signed a deal to set up the project's second FBO facility with an investment value of AED 200 million. Under the agreement, Majestic Wings will build its own facilities to offer a full range of FBO services with a focus on business jets. The company will also own two Gulfstream G200 aircraft, which will be sub-leased to corporates for business trips, freight transport and special large group flights.
“Majestic Wings’ movement to the facility at DWC is in line with our strategic growth plans to position the company among leading global players in the general aviation industry. The landside and airside integration is in sync with facilitating our general aviation business. We aim to take advantage of the growing aviation sector in the region, and moving to DWC’s Aviation District is the logical step to achieve that,” said H.E. Sheikh Hamad Bin Tahnoon Al Nahyan.