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Abu Dhabi Aviation submits formal acquisition offer to Falcon Aviation

Abu Dhabi Aviation submits formal acquisition offer to Falcon Aviation
The potential acquisition of FAS is part of Abu Dhabi Aviation's strategic expansion plan
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Abu Dhabi – Mubasher: The board of Abu Dhabi Aviation Company has sent a formal offer to acquire Falcon Aviation Services (FAS), an aviation services provider, according to a bourse filing on Wednesday.

The potential acquisition of FAS is part of Abu Dhabi Aviation's strategic plan to expand and enhance assets and revenues.

In April, the company inked a letter of intent to consider fully acquiring Falcon Aviation Services.