The merger between Abu Dhabi Aviation and ADQ Aviation is on the last leg with ADQ Aviation transferring 100% of the issued share capital of Advanced Military Maintenance Repair and Overhaul Centre LLC (AMMROC), 100% of the issued share capital of Etihad Airways Engineering LLC (EYE), and 50% of the issued share capital of Global Aerospace Logistics LLC (GAL) to Abu Dhabi Aviation. Abu Dhabi Aviation has approved issuing mandatory convertible bonds worth $1.09 billion to ADQ Aviation and Aerospace Services at a recent shareholder meeting. With this transaction Abu Dhabi Aviation will owe a controlling stake in ADQ Aviation as

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