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UK aviation consultancy IBA Group opens Dubai office

United Arab Emirates: Sunday, November 11 - 2007 @ 10:25

IBA Group has already advised and is working with many banks, several start up airlines, existing operators, MRO’s and in particular new investors in the region.

“The Middle East is a booming market – with more and more new start airlines and private jet companies coming into the region. Financial institutions, banks and leasing companies are looking for independent and technical advice to help their clients realise their plans and this is where IBA Group fits in,” said IBA Managing Director Phil Seymour.

IBA is getting approaches on two levels – from the international financing fraternity it has supported and advised for nearly 20 years – and directly from Middle Eastern entrepreneurs fronting new aviation ventures.

“It made commercial sense to establish a base in Dubai and provide a constant presence in the region.” Phil Seymour and IBA Group Sales Director Terry Fox will be attending the Dubai Show this week.

IBA’s office is at the city heart of Dubai at Emirates Tower on the Sheikh Zayed Road. It has committed to this venture in conjunction with the Farnborough Aerospace Consortium (FAC).

Further consolidating its link with FAC, IBA will be exhibiting for the first time at the Dubai Airshow on the FAC stand in the UK Pavilion (Stand No W332F).

IBA is doing considerably more work in corporate aviation with a number of new projects close to fruition and the handling of a sizeable amount of UK CAA E3 certification work, involving overseas registered private jets coming onto the UK register. It recently advised Merrill Lynch Global Structured Finance & Investment, acting as asset manager on a corporate aircraft secured financing facility.

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Sunday, November 11- 2007 @ 10:25 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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