ABU DHABI, United Arab Emirates, Oct. 14, 2014 — Ittihad International Investment LLC of Abu Dhabi, U.A.E., and Aviation Finance Company Limited of Dublin, Ireland, are pleased to announce the formation of Ittihad | AFC Aviation Consultancy, LLC, a U.A.E. based joint venture that will bring finance and leasing solutions to the aviation industry in the Middle East, North and East Africa and Asia.
Christopher Condy of AFC and Head of Ittihad | AFC said, “It is a privilege to partner with such a prestigious and well established group as Ittihad International Investment and utilize the vast resources of the combined companies to begin this new venture.”
Omar Hourani, Head of Business Development of Ittihad International Investment, mentioned: “We see a great potential for AFC’s innovative and tailor made structures to underpin the growth of the regional aviation industry. AFC brings a remarkable track record that demonstrates an excellent understanding of the industry and its prospects in the region.”
About Aviation Finance Company
Ittihad International Investment is a privately held conglomerate, engaged in a wide spectrum of economic sectors and activities. Ittihad group governs several prestigious companies and is strategically geared towards driving organic growth, as well as expanding the portfolio through new direct investments. The company’s strategic partnerships with global business leaders in multiple sectors have led to the effective creation of numerous new ventures with primary focus on the MENA region and emerging markets.