Strata Manufacturing, which produces aircraft body parts and one of the key players in Abu Dhabi’s oil-producing efforts, is seeking to diversify its resources to include high-tech manufacturing, to generate new income at a time when fog covers the demand for aircraft parts.
A factory worker
Strata established, a decade ago, the Mubadala Investment Company, a sovereign fund of the Abu Dhabi government, in Al Ain and aspires to be among the three largest players in the sector of advanced complex materials.
Workers make a number of gags at the factory
The company won contracts from Airbus and Boeing to supply spare parts for wide-body aircraft, such as those requested by Etihad Airways in Abu Dhabi in large numbers, which was considered by many to be an exchange of interests.
Workers create a number of gags
But in light of the aviation crisis, due to the Corona pandemic, Strata seeks to produce equipment other than aircraft components and has started with personal protective equipment that are in greater demand due to the Corona virus.
Factory manufactured gags
Strata started manufacturing N95 respirators, in partnership with Honeywell, initially for entities in Abu Dhabi.
A woman working on a plane made in the factory
“We are a skilled company. We want to ensure that we are closely aligned with the future … We want to ensure that there are opportunities … in the markets that are intertwined with us,” Ismail Ali Abdullah, CEO of the company, told Reuters.
A worker inspects part of a Strata factory plane
And Strata began its activity in 2009, as part of efforts to diversify the economy and support the employment of citizens in a country that is mostly foreign. Emiratis make up 60 percent of the workforce and women are the majority.
Abdullah declined to discuss the company’s financial performance, but said he would stay within the agreed budget with Mubadala.
Strata is making parts for the Airbus A330, A350, Boeing 787 and Boeing 777X aircraft that will be produced in the future. And it canceled another line of parts for the A380 after Airbus stopped producing the giant plane.
Strata is seeking to renew its contracts with Airbus and Boeing, and is in talks with Swiss aircraft maker Pilatus. Abdullah warned that aircraft manufacturers may reduce dealings with suppliers as their production slows due to the pandemic, but he insisted that there was a future for Strata in the aviation industry.
“Our industry is not short or medium term … the foundations of the industry are very strong in the long run,” he said.