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Dnata boosts GSE fleet: Dubai-based air services provider and Emirates Group subsidiary Dnata has inked USD 210 mn in five-year global framework contracts for new ground support equipment (GSE) at Dubai Airport Show, according to a statement released last week. Dnata has so far committed to orders worth USD 29 mn, the statement said.
Details: Eight unnamed international manufacturers will fulfill the GSE contracts, with deliveries beginning this month, Dnata said. The vehicle upgrades come in a bid to boost “efficiency, safety and sustainability,” across the outfit’s global network which sees it providing services to more than 330 partner airlines. Dnata currently operates some 8k motorized GSE vehicles at 130 airports worldwide for ground handling, cargo, catering, and retail functions. The outfit’s plans to boost fleet sustainability are not limited to electrifications, as it is also looking into investments in biodiesel, electric, and hybrid technologies, the company said.
Dubai will be a focus for the new investments: Under the agreements signed, Dnata’s fleet at its Dubai hub will see an investment of over USD 100 mn in GSE. At present, Dnata operates 2.5k motorized GSE at Dubai International Airport and Dubai World Central Airport, serving over 190 airlines.
REMEMBER- Dnata saw its bottomline boosted by upwards of 300% to AED 1.42 bn in 1Q 2024, as parent company Emirates Group reported its “best financial results ever,” in first quarter earnings published last week. The air services provider is also holding talks with 40 companies and has a slew of international mergers and acquisitions in the pipeline as it looks to expand its global footprint.
