Company Abu Dhabi Aviation

Equities

ADAVIATION

AEA001001014

Air Freight & Logistics

Market Closed - Abu Dhabi Securities Exchange 06:55:00 2024-04-26 am EDT 5-day change 1st Jan Change
6.4 AED +0.47% Intraday chart for Abu Dhabi Aviation -3.76% -7.38%

Business Summary

Abu Dhabi Aviation is a United Arab Emirates-based national shareholding company that acts as a commercial helicopter operator with a fleet comprised of 54 helicopters and three fixed-wing aircrafts. The Company, along with its subsidiaries, undertakes charter, commercial, air cargo and other related services. The Company is organized into four business segments: the Helicopter and Fixed Wing Operations segment provides charter flights and third party maintenance; the Commercial Aircraft Operations segment provides commercial air transportation and aircraft management; the Air Cargo segment provides air cargo services to local and international customers using its fleet of aircrafts and chartered aircraft, and the Investment segment is involved the management of the Company’s investment portfolio. The Company's activity is in support of Abu Dhabi offshore oil, engineering and construction companies, among others.

Sales per Business

AED in Million2022Weight2023Weight Delta
Commercial Aircraft
35.2 %
725 35.8 % 920 35.2 % +26.88%
Air Cargo
33.9 %
535 26.4 % 888 33.9 % +65.90%
Helicopter & Fixed Wing
28.5 %
726 35.8 % 746 28.5 % +2.69%
Others
2.3 %
57 2.8 % 59 2.3 % +4.11%
Investments
0.9 %
22 1.1 % 24 0.9 % +8.76%
Eliminations
-0.8 %
-39 -1.9 % -22 -0.8 % -43.87%

Sales per region

AED in Million2022Weight2023Weight Delta
United Arab Emirates
100.0 %
2,027 100.0 % 2,615 100.0 % +29.04%

Managers

Managers TitleAgeSince
Chief Executive Officer - -
Chairman 57 07-12-31
Director of Finance/CFO - -
Investor Relations Contact - -
Comptroller/Controller/Auditor - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 56 11-05-08
Director/Board Member - 98-12-31
Director/Board Member 52 98-12-31
Director/Board Member 51 98-12-31
Comptroller/Controller/Auditor - -
Director/Board Member - 98-12-31
Chairman 57 07-12-31
Director/Board Member - 10-12-31
Director/Board Member - -
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 444,787,200 311,351,040 ( 70.00 %) 0 70.00 %

Shareholders

NameEquities%Valuation
Abu Dhabi Investment Council (Investment Company)
30.00 %
133,436,160 30.00 % 246 M AED
Invest AD Asset Management PJSC
0.0721 %
320,589 0.0721 % 591 031 AED

Company contact information

Abu Dhabi Aviation Co.

Abu Dhabi International Airport Next to Terminal 2

, Abu Dhabi

+971 2 5758000

http://www.ada.ae
address Abu Dhabi Aviation(ADAVIATION)
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