Firm scores $1 billion Airbus contract
Strata Manufacturing, the aero manufacturing firm owned by Abu Dhabi’s Mubadala Development Company, has been awarded two major contracts with aviation giant Airbus. The firm will manufacture composite components and major assemblies of the Airbus A320 Horizontal Tail Plane (HTP) and A350-900 Inboard Flaps (IBF) in Abu Dhabi. The news was unveiled yesterday at the Farnborough International Airshow in the UK. It came a day after Emirates was named the world’s best airline at the Skytrax Awards. Etihad was sixth, but scooped best first class cabin.