São Paulo – Abu Dhabi Aviation airline based in the United Arab Emirates announced on Thursday (16) it’s opening its trading of shares to foreign investment at a rate of 30% of the its capital, the Emirates News Agency (WAM) reported.
The announcement was made following a resolution taken during the company’s General Assembly meeting on October, 13 2019, and the necessary approvals processes of local regulation agencies.
Abu Dhabi Aviation offers air transport services for the oil and gas industry and has branches that operate in air taxi, freight transport, aircraft maintenance, and pilot training. The company owns a fleet of 48 helicopters and seven planes.
Translated by Guilherme Miranda