Empire Aviation attracts investment from Indian firm

Air Works India Engineering Pvt Ltd (Air Works), an India-based provider of Aviation Services, has made a strategic investment in Dubai-based private aviation specialist, Empire Aviation Group FZCO (EAG).
Formed in Dubai in 2007, by the existing management team and co-founders of the company Paras Dhamecha and Steve Hartley, EAG is a private aviation company offering aircraft sales, aircraft management, aircraft charter, and aircraft finance and insurance. Today, the company has more than 100 staff and operates one of the region’s largest managed fleets of business jets, with 20 aircraft under management, operating out of Dubai International Airport.
EAG co-founder and Executive Director, Paras Dhamecha, said: "Since formation in 2007, EAG has successfully built a strong regional aviation business and grown revenues and profit every year. We have also recently been looking at the exciting potential of the Indian aviation market and opened our first branch office there in 2011.
20/06/12 Arabian Supply Chain

To Read the News in full at Source, Click the Headline

Categories: Foreign Jun 2012, Indian Aviation- In General Jun 2012, New Jun 2012