Bombardier (BDRBF) announced the development of its new service facility at Al Bateen Executive Airport in Abu Dhabi, United Arab Emirates, further extending its maintenance, repair and overhaul capabilities. This new facility represents a partnership with Abu Dhabi Airports. The new facility, which will relocate from its originally announced location at the Abu Dhabi International Airport in 2022, further reinforces Bombardier’s commitment to serving its customers in this key market. The new location at the Al Bateen Executive Airport more effectively aligns with the needs of Bombardier customers. At full capacity, the new OEM service facility is aiming to create approximately 100 aerospace jobs for the Emirate of Abu Dhabi. Construction of the new facility is set to commence in the first half of 2025, with completion and operational readiness expected in the second half of 2026.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BDRBF:
- Bombardier announces Global 8000 business jet program progressing to plan
- Bombardier to start Normal Course Issuer Bid on April 3
- Positive Outlook for Bombardier: Strong Fundamentals and Strategic Positioning Amid Tariff Volatility
- Bombardier announces Principle Finance acquired two Challenger 650 aircraft
- Bombardier grows service network in Australia