DTX Group: New chapter in aviation - Hussein Lookmanjee leads!
DTX Group: New chapter in aviation - Hussein Lookmanjee leads!
On June 2, 2025, the DTX Group was officially founded in Dubai, with the aim of taking advantage of opportunities in the international aviation sector and redesigning the industry. According to OTS is created Group under the leadership of Hussein Lookmanjee, who previously sold his complete participation to Drayton Aerospace. This company was taken over by Lion Capital, which is an important step for Lookmanjee, which can now focus on growth and international expansion of DTX.
Drayton Aerospace has been pursuing two strategic approaches, one regional and an international business area under the direction of Lookmanjee. The majority stake in the Drayton Aerospace companies based in China also went to Lion Capital, while all drayton units that are not based in China, including the MRO companies in Brazil, are now part of the DTX Group.
growth strategies and expansion
In the past six years, Lookmanjee, together with his team, has built up a global platform for the aviation maintenance. This includes new maintenance facilities that opened in key regions such as South America and the Middle East. pr newswire " reports that DTX Group is planning to invest the proceeds from the sale of drayton in strategic growth opportunities, with three takeovers provided by the end of the year.
The international strategy of DTX Group had received some delays during the Covid 19 pandemic, but is now in full swing again. A new MRO system in the Middle East is to be opened by the third quarter of 2025, and further expansion goals in Africa and Europe are already being planned. The company will act independently to fully exploit the global growth opportunities.
market conditions and forecasts
The composition of the aviation markets is promising. According to an analysis by Mordor Intelligence , the global aviation market will grow to $ 386.21 billion, with an average annual growth rate (CAGR) between 2020 and 2029. In particular, the Asia-Pacific area is considered the fastest growing sector in this market.
The DTX Group is on the threshold of benefiting from these positive market conditions, especially since the need for maintenance, repair and overhaul services (MRO) for civil and freight air trip continues to increase. The sales of e-commerce also promote the growth of the air freight market, which creates additional opportunities for the DTX Group.
In the middle of these positive developments, DTX Group is therefore very positioned in order not only to gain a foothold on the international stage, but also to gain in importance through strategic acquisitions and a clear vision for growth in the aviation industry.
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| Ort | Dubai, UAE |
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