MUBADALA AEROSPACE IN COMPONENT DEAL TALKS WITH BOEING

Abu Dhabi-based parts manufacturer Mubadala Aerospace, which manufactures composite aircraft structures for Airbus A330s and A340s, is reported to be in talks to make components for rival Boeing. Executive director Hommaid Shemmari told local media that the firm is working on three to four new projects including joint ventures for this year. He also stated that talks with Boeing on making parts for Boeing aircraft were “still at the informal stage” but he suggested he could make an announcement in the “next few months”. Mubadala Aerospace is building a $200 million maintenance facility to service engines for Airbus A380s and