Majority Share Of An-124 Operator, Maximus, Acquired By Abu Dhabi Aviation

A 95% stake in An-124 operator, Maximus Air Cargo, has been acquired by publicly quoted Abu Dhabi Aviation.

Although Maximus will retain its brand and independence it seems clear that it will gain access to many resources of Abu Dhabi Aviation which was established in 1976 and went public in 1982. Abu Dhabi Aviation is the largest commercial helicopter operator in the Middle East as well as operating a small number of fixed wing aircraft so the combination of resources with the Maximus fixed wing freighter fleet should provide considerable advantages in covering the spectrum of requirements.

The synergies between the two seem evident with the UAE government retaining a 30% government stake in Abu Dhabi Aviation.