Strata, Mubadala Investment Company’s aerospace manufacturing unit, said it delivered 100 shipsets of the assembled A350-900 widebody aircraft's inboard flaps to European plane maker Airbus.
The company has now moved on from assembling to fabricating inboard flap components and has invested in a full automated manufacturing process for the parts, Strata said in a statement on Monday.
"This is a testament of our capabilities and focus to elevate our status as a sole supplier alongside with Airbus of the wing part," Ismail Ali Abdulla, chief executive of Strata, said.
Strata currently manufactures parts on widebodies, business jets and turboprops. It counts among its customers international aerospace giants Boeing, Airbus, Italy's Leonardo and Switzerland's Pilatus Aircraft for billions of dollars worth of contracts. The company is the Gulf’s biggest producer of aircraft parts and a key anchor of the UAE's economic diversification efforts.
Strata, which began operations in 2010, makes composite parts for wings and tail fins on jets including Airbus A380s and A330s, as well as Boeing's wide-body 777, 777X and 787 Dreamliners.
Airbus selected Strata as supplier of the inboard flaps for the A350-900 during the 50th edition of the Farnborough Airshow in the UK in 2016.
Designed to increase the total lift capability of the wing of an aircraft, an inboard flap is mounted on the trailing edge of the wing to increase the wing’s surface during take-off and landing and improve stability during flight.
In May, Mubadala announced a partnership with industrial company Honeywell to produce N95 face masks at Strata's Al Ain facility to boost the county's fight against the Covid-19 pandemic.
The production line was set to manufacture about 90,000 masks a day and have an annual output capacity of more than 30 million masks. The the new manufacturing line will help the UAE meet its own national requirements for masks that filter out airborne particles, but also make it an exporter, Mubadala said.
In addition to its composite parts manufacturing on widebody jets, Strata is also looking at opportunities to produce Boeing and Airbus narrowbody plane parts for the first time as it seeks to diversify its portfolio, Mr Abdulla told The National in November at the Dubai Airshow.
Diversifying in the global aerospace supply chain, Strata is also eyeing engine components manufacturing.
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1) Organ donors can register on the Hayat app, run by the Ministry of Health and Prevention
2) There are about 11,000 patients in the country in need of organ transplants
3) People must be over 21. Emiratis and residents can register.
4) The campaign uses the hashtag #donate_hope
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Stars: Rosa Salazar, Christoph Waltz, Keean Johnson
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THAAD is designed to take out ballistic missiles as they are on their downward trajectory towards their target, otherwise known as the "terminal phase".
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THAAD can target projectiles inside and outside the Earth's atmosphere, at an altitude of 150 kilometres above the Earth's surface.
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Email sent to Uber team from chief executive Dara Khosrowshahi
From: Dara
To: Team@
Date: March 25, 2019 at 11:45pm PT
Subj: Accelerating in the Middle East
Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.
Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.
I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.
This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.
It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.
Uber on,
Dara
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Wednesday (Kick-offs UAE)
FC Copenhagen (0) v Istanbul Basaksehir (1) 8.55pm
Shakhtar Donetsk (2) v Wolfsburg (1) 8.55pm
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Sevilla v Roma (one leg only) 8.55pm
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