Falcon to invest USD 100 mn to upgrade its facilities in Dubai: Alex Group Investment’s aviation solution subsidiary Falcon Aviation is looking to plug nearly USD 100 mn (c. AED 367 mn) over the next five years into upgrading its Maintenance, Repair and Overhaul (MRO) facilities at Dubai’s Al Maktoum International Airport, according to a statement. The investment will also be used to develop a new private jet terminal at the airport.

The facility: Falcon Aviation’s existing MRO facility — spanning some 13.7k sqm — is located at Dubai’s Mohammed Bin Rashid Aerospace Hub. The facility is capable of servicing a wide range of widebody and narrow-body carriers, as big as the Airbus A380, and includes Embraer and the Bombardier Challenger. The firm was granted approval to offer its MRO services in the UAE by the General Civil Aviation Authority (GCAA) last year.

REMEMBER- Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum approved the design plan for the USD 35 bn new passenger terminal at Al Maktoum International Airport back in April 2024. The expanded airport is set to be the world’s largest, hosting over 260 mn passengers, handling 12 mn tons of annual cargo, accommodating around 400 aircraft gates, and featuring five parallel runways.

Also in the pipeline: Falcon Aviation inked an agreement with Mubadala-backed electric flying car manufacturer Archer Aviation to develop a “vertiport” network in key locations across Dubai and Abu Dhabi by this year. The two firms will develop the infrastructure for two vertiports — one at Falcon Heliport at Atlantis, the Palm in Dubai, and the other at the Marina Mall heliport in Abu Dhabi’s Corniche. Once operational, the service will allow Dubai and Abu Dhabi residents to fly between the two emirates in 30 minutes aboard Archer’s piloted, four-passenger aircraft, Midnight.

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