Arab Today, arab today dubai investor floats aircraft seats joint venture
Last Updated : GMT 13:30:06
Arab Today, arab today
Arab Today, arab today

Dubai investor floats aircraft seats joint venture

Arab Today, arab today

Arab Today, arab today Dubai investor floats aircraft seats joint venture

Dubai - Arabstoday

International Project Management Investment (IPM), a Dubai-based investor, yesterday said it has entered into an agreement with Corporate Consulta SA of Fribourg, Switzerland, to create a Dh1-billion advanced aviation technology joint venture Jiahang United Seating Technologies (JUST). JUST was structured by and between Aerospace Life-Support Industries and Corporate Consulta, a Swiss corporation that has Aerospace Life-Support Industries and United Seating Technologies. United Seating Technologies brings together design partner Bertone, and an engineering and manufacturing partner Optimares, with ultramodern capabilities. United Seating Technologies UAE (UST-UAE), investment project of IPM Investment will be a 30 per cent equity shareholder in the Swiss United Seating Technologies. Its first product is the economy class X-Light. Combining aluminium and carbon composite technology, the seat weighs 6kg per passenger place. The company also intends to apply this technology to its premium economy, business and first class seats. IPM Investment has teamed up with Shaikha Hind Bint Abdul Aziz Al Qasimi, chairperson of the Emirates Business Women\'s Council (EBWC), to offer GCC\'s high net-worth leading businesswomen the opportunity to invest in this aircraft seating and interiors project. At an investor event held at The Address Hotel, Dubai Marina, on Saturday, Shaikha Hind presented the investment project, and the joint venture between the Swiss United Seating Technologies and Aerospace Life-Support Industries, a wholly-owned company of China Aviation Industry Company. The joint venture will become a global player in aircraft interiors, by producing a full line of seats. It plans to introduce nine models to begin with, covering economy, premium economy, business and first class for existing aircraft types and new-generation aircraft, Shaikha Hind said. \"We see this joint venture becoming a major player in the aircraft seating and interiors market, where new products are in high demand and supplies are insufficient,\" said IPM\'s Chairman, Captain Mohammad Al Minhali. US aircraft manufacturer Boeing estimates that 30,900 new deliveries will be made in the next 20 years that would require approximately 6 million passenger places. Meanwhile, industry indices for refurbishment indicate that as many as 16 million passenger places will be required for new aircraft alone. JUST calculated that this, combined with the refurbishment of aircraft currently in service, places the demand for new seating at over 20 million seats. From / Gulf News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dubai investor floats aircraft seats joint venture Arab Today, arab today dubai investor floats aircraft seats joint venture

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today dubai investor floats aircraft seats joint venture Arab Today, arab today dubai investor floats aircraft seats joint venture

 



Arab Today, arab today
Arab Today, arab today Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Second US judge orders freeze

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Writing's on the wall for Trump, Zuckerberg

GMT 09:05 2017 Thursday ,19 October

Writing's on the wall for Trump, Zuckerberg
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Hussein Fahmy happy for honoring in festival

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday