ABU DHABI AVIATION QUARTERLY MAGAZINE - Issue No.3 - Quarter 2, Mar - Jun 2020

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ABU DHABI AVIATION QUARTERLY MAGAZINE - Issue No.3 - Quarter 2, Mar - Jun 2020
Issue No.3 - Quarter 2, Mar - Jun 2020

ABU DHABI AVIATION
QUARTERLY MAGAZINE
ABU DHABI AVIATION QUARTERLY MAGAZINE - Issue No.3 - Quarter 2, Mar - Jun 2020
Outstanding Performance Since 1976
           www.ada.ae
ABU DHABI AVIATION QUARTERLY MAGAZINE - Issue No.3 - Quarter 2, Mar - Jun 2020
CONTENTS
             Board of Directors
                                     02          About ADA
                                                                                     06

             Finance Section
                                     08        CFO Message
                                                                                     09

                                     10                                               22
                                                    Financial
             FIMS Structure
                                               Achievements

             IT Achievements
                                     30      Financial Report
                                                                                      38

                                     42                                               46
             Strategic Safety Plan
                                              HR Awareness
             ASAP 2020 - 2022

                                     52                                               62
             ADA Strategic                        (ADAIRE)
             Partners                        New Acquisition

             Strategic Partners
                                     63        Capt. Daniele
                                             Daniele - ADATC                          65

             21 Years at ADA
                                     66    Stephen J. Charles
                                                 Retirement                          70

             Social Responsibility
                                     74   ADA Events Gallery
                                                                                      76

             Contact
                                     79          ADA Group
                                               of Companies                           80
www.ada.ae                                                      Issue No.3 Quarter 2, Mar - Jun 2020   1
ABU DHABI AVIATION QUARTERLY MAGAZINE - Issue No.3 - Quarter 2, Mar - Jun 2020
ADA BOARD OF DIRECTORS

                                                              H.E. NADER AHMED MOHAMED AL
                                                              HAMMADI
                                                              Chairman of the Board of Directors.

                                                              His Excellency Chairman Nader Ahmed Mohamed
                                                              Al Hammadi holds a Bachelor of Science degree in
                                                              Aerospace Engineering from Embry Riddle Aviation
                                                              University in Florida, USA, and Postgraduate degree
                                                              in Engineering Management from Warwick University
                                                              in London. He previously held several Management
                                                              positions in the Presidential Flight and also contributed
                                                              to the establishment of JAMERO and was appointed
                                                              as its Executive Director as well as to the Board of
                                                              Directors of Golden Rim Resources, a registered
                                                              Australian based market.

                                                              Currently he is the Chief Executive Officer of the
                                                              Presidential Flight and Chairman of Vision Group,
                                                              International Holding Company and a member of
                                                              the Board of Directors in Abu Dhabi Airports Company,
                                                              Royal Jet and Waha Capital.

        H.E. SHEIKH AHMED MOHAMED SULTAN
        AL DHAHERI
        Vice Chairman of the Board of Directors, Chairman
        of the Audit Committee, Chairman of the Nominations
        and Remunerations Committee, Chairman of the
        Follow-up and Supervision Committee of Insiders’
        Transactions.

        Sheikh Ahmed Mohamed Sultan Al Dhaheri holds a
        Bachelor’s degree in Civil Engineering from the UAE
        University and previously worked as an Executive
        Director in the Department of Commercial Services
        and Buildings.

        He is the Vice Chairman of the Abu Dhabi National
        Hotels Company and a member of the Board Member
        of Emirates Telecommunications Group, First Abu
        Dhabi Bank and Al Dhafra Insurance Company.

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ABU DHABI AVIATION QUARTERLY MAGAZINE - Issue No.3 - Quarter 2, Mar - Jun 2020
ADA BOARD OF DIRECTORS

                                                         MR. AHMED ALI KHALFAN ALMUTAWA
                                                         ALDHAHERI
                                                         Member of the Board of Directors, Member of the
                                                         Audit Committee, member of the Nominations and
                                                         Remunerations Committee, member of the Follow-up
                                                         Committee, and Supervision Committee of Insiders’
                                                         Transactions.

                                                         Mr. Ahmed Ali Khalfan Almutawa Aldhaheri holds a
                                                         Bachelor’s degree in Computer Science from Seattle
                                                         Pacific University from the United States of America,
                                                         holds a Certified Public Accountant (CPA) diploma
                                                         and master’s degree in Business Administration with
                                                         distinction from the Higher Colleges of Technology. He
                                                         previously served as Vice Chairman of the INJAZ
                                                         MENA Investment Company and a member of the
                                                         board of Al Qudra Holding, Abu Dhabi Chamber of
                                                         Commerce and Industry, and Abu Dhabi Economic
                                                         Council.

                                                         He currently serves as Chairman of Ali & Sons
                                                         Company LLC, Foodco National Food Stuff Company
                                                         (PSC), Vice Chairman of Waha Capital (PSC), and
                                                         Board Member of the company Al Wathba
                                                         Insurance (PSC) and Al Ramz Corporation for
                                                         Investment and Development (PSC).

    H.E. HOMAID ABDULLAH ALI AL SHIMMARI
    Member of the Board of Directors.

    His Excellency Homaid Abdullah Ali Al Shimmari
    holds a Bachelor’s degree in Aviation Engineering
    from Ambury-Riddle University of Aeronautics in USA,
    holds a Black Belt degree (Change Management
    Sigma 6) from (GE), formerly worked in the Air Force
    of the Armed Forces For the United Arab Emirates
    with the rank of Lieutenant-Colonel. He currently is
    the Group Vice President and Chief Executive Officer
    for Institutional Affairs and Human Resources at
    Mubadala Investment Company, member of Mubadala
    Investment Committee and Chairman of the Advisory
    Council of Etihad Airways Engineering Company,
    Chairman of Maximus Air Company in addition to
    being a member of the Board of Directors in Abu
    Dhabi Maritime Operations Company, ADNOC, and
    member of the Board of Trustees in the United Arab
    Emirates University, Khalifa University of Science and
    Technology Research and a member of the
    Scholarships Committee at Abu Dhabi for Education
    Council.

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ABU DHABI AVIATION QUARTERLY MAGAZINE - Issue No.3 - Quarter 2, Mar - Jun 2020
ADA BOARD OF DIRECTORS

                                                             MR. KHALIFA YOUSIF ABDULLAH
                                                             AL KHOORI
                                                             Member of the Board of Directors, Chairman
                                                             of the Investment Committee.

                                                             Mr. Khalifa Yousif Abdullah Al Khoori holds a master’s
                                                             degree in Business Administration from the Grand
                                                             Canyon University, USA. He previously served as
                                                             Chairman of Methaq Insurance Company, Vice
                                                             Chairman of the HS Group for Corporate and
                                                             Institutional Management. Currently he is the founder
                                                             and Chairman of Arte Casa LLC (UAE and Saudi
                                                             Arabia) and Viola Communications for Marketing
                                                             LLC. He is also the Vice Chairman of RAK Cement
                                                             and Al Qudra Holding Company, In addition to also
                                                             being a member of the Board of Directors of the JRG
                                                             Holding Company, Growth Gate Capital, Takaful
                                                             Emirates Insurance Company, Sawaed Recruitment
                                                             Company and ADNIP, and Vice President of the UAE
                                                             Tennis Federation.

        MR. SAIF SAEED MOHAMMED AL DHAHERI
        Member of the Board of Directors.

        Mr. Saif Saeed Mohammed Al Dhaheri holds a
        Bachelor’s degree in literature, majoring in Sociology
        and Business Management from the United Arab
        Emirates University. Previously, he was Director of Al
        Ain International Airport and Director of Finance and
        Administration at the Civil Aviation department. He
        also served as a Committee member for Tourism
        Development and Promotion in Al Ain City, and a
        member of the board in both the Marine Dredging
        Company and Abu Dhabi National Hotels Company,
        and he currently holds the post of Chairman of the
        Reconciliation Committee of Validity and General
        Appreciation in the Judicial Department.

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ABU DHABI AVIATION QUARTERLY MAGAZINE - Issue No.3 - Quarter 2, Mar - Jun 2020
ADA BOARD OF DIRECTORS

                                                         MR. ABDULLAH SEDDIQ MOHAMED HUSAIN
                                                         ALKHOORI
                                                         Member of the Board of Directors, Member of the Audit
                                                         Committee, Member of the Nomination and
                                                         Remuneration Committee, Member of the Follow-up
                                                         and Supervision Committee for Insiders’ Transactions.

                                                         Mr. Abdullah Seddiq Mohamed Husain Alkhoori holds
                                                         a Bachelor of Science degree from South Eastern
                                                         University in the United States of America. He previously
                                                         served as a Chief Financial Officer at Abu Dhabi
                                                         Distribution Company (ADDC) and served as a member
                                                         of the Board of Directors of the National Hotels
                                                         Corporation and is currently working in the
                                                         management of his companies.

    MR. ABDULMUNEM SAIF HAMOUD AL-KINDI
    Member of the Board of Directors, and Member of the
    Investment Committee.

    Business Administration from Brunel University and holds
    a Bachelor of Science in Mechanical Engineering (1982)
    from the United Kingdom. He previously served as CEO
    of the Abu Dhabi Company for Onshore Oil Operations
    (ADCO).

    Mr. Abdulmunem Saif Hamoud Al-Kindi is currently the
    CEO of the Department of Human Resources, Technology
    and Institutional Support at ADNOC, the United Arab
    Emirates, in addition to being a member of the
    Development Board at Khalifa University.

                                                         MR. MOHAMAD KHALIL MOHAMAD
                                                         FOULATHI AL-KHOORI
                                                         Member of the Board of Directors, and Member of the
                                                         Investment Committee.

                                                         Mr. Mohamad Khalil Mohamad Foulathi Al-Khoori is
                                                         an Emirati businessman with a Bachelor’s degree in
                                                         Applied Sciences specializing in Business Administration
                                                         (Real Estate) and a Higher Diploma certificate in Business
                                                         and Management - Financial Services from the Higher
                                                         Colleges of Technology in the United Arab Emirates in
                                                         addition to being an Accredited Financial Analyst (CFA),
                                                         and previously worked at both the Abu Dhabi Investment
                                                         Council and the Abu Dhabi Pension Fund.

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ABU DHABI AVIATION QUARTERLY MAGAZINE - Issue No.3 - Quarter 2, Mar - Jun 2020
ABOUT ADA

    MISSION
    To provide innovative solutions globally,
    while exceeding shareholder, customer
    and employee expectations.

    VISION
    One team, propelling ADA safely and
    profitably into the future.

    VALUES
      •   Safety
      •   Teamwork
      •   Quality
      •   Integrity and Ethics
      •   Customer Focus

    GOALS
    Safety is Abu Dhabi Aviation’s top priority
    & fundamental core value that is never
    compromised.

    We value innovative, timely, efficient, cost-
    effective, reliable and best quality services.

    We are committed to achieving the highest
    levels of customer satisfaction.

    We value the contribution that our team
    makes in achieving our mission and we
    support and encourage teamwork to ensure
    a high level of competence, expertise and
    competitiveness.

    The pillars of our existence include trust,
    responsibility, transparency, commitment
    and accountability.

6   Issue No.3 Quarter 2, Mar - Jun 2020                         www.ada.ae
ABU DHABI AVIATION QUARTERLY MAGAZINE - Issue No.3 - Quarter 2, Mar - Jun 2020
ABOUT ADA

                                                                  ABOUT
                                                                  Abu Dhabi Aviation is the largest
                                                                  helicopter operator in the Middle
                                                                  East and currently operating a fleet
                                                                 of Leonardo AW139, Bell 412 and
                                                                 Bell 212, Eurocopter EC135 and
                                                                Bombardier DHC-8 aircraft. ADA
                                                                has a main base in Abu Dhabi with
                                                               international operating locations in
                                                              the Middle East, Europe and Africa.

                                                            The Company was established in 1976
                                                           by virtue of an Amiri Decree and started
                                                          operations and added fixed-wing aircraft
                                                         in 1991. A third-party maintenance facility
                                                        was opened in 1994. ADA is owned by
                                                       Abu Dhabi nationals (70%) and the Abu
                                                      Dhabi government (30%), and currently has
                                                     approximately 1,100 employees.

                                                   The ADA Group continues to expand its business
                                                 into other markets, including a 50% equity holder
                                                of Royal Jet, an international VIP Charter Airline,
                                              and 100% ownership of Maximus Air Cargo. In 2016
                                            ADA opened ADATC, a state-of-the-art helicopter
                                          training simulator facility.

                                       The Company Exceeded a million helicopter flight hours with
                                    an enviable safety record-especially given the extremely high
                                 number of offshore takeoffs and landings – many of the company
                              offshore helicopters averaging six to seven cycles per hour. This level
                           of activity demand the highest caliber of flight and maintenance crews
                         supported by noteworthy safety and compliance program.

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ABU DHABI AVIATION QUARTERLY MAGAZINE - Issue No.3 - Quarter 2, Mar - Jun 2020
ADA FINANCIAL SECTION

    ABU DHABI AVIATION
    FINANCE SECTION

8   Issue No.3 Quarter 2, Mar - Jun 2020                           www.ada.ae
ADA FINANCIAL SECTION

                                                          the company’s board members chaired by H.E. Nader
                                                          Al Hammadi and his Vice Chairman Sheikh Ahmed Al
                                                          Dhaheri, ADA pursued a strategy of diversification
                                                          over the years. This diversification helped ADA
                                                          Group withstand serious shockwaves from these
                                                          unprecedented challenges. The company’s
                                                          sound performance over the years and its equity
                                                          investment in assets (aircraft and properties),
                                                          supported the company’s ability to generate
                                                          sufficient EBITDA to maintain a healthy cash
                                                          position in difficult times.

                                                          During my eleven years in ADA, we have faced a
                                                          number of challenges and we were able to overcome
                                                          them without taking extreme measures. We have
                                                          always made financial decisions based on the best
                                                          interests of our shareholders and employees, and
                                                          this has included targeted cost cutting measures that
                                                          have contributed to our goal of sustaining long term
                                                          corporate value. We understand that some staff found
                                                          these dispersed measures difficult at the time; however,
                                                          it has allowed us to mitigate more significant problems.
                                                          In addition, it is crucial during these tough times that
                                                          ADA board members, GM, DGM and executive directors
                                                                                                                                                                            ORGANIZATION
                                                          and managers work together to formulate a balanced
                                                          strategy to protect the staff as well as maintaining
                                                                                                                                                                             STRUCTURE
                                                          the shareholders’ interests. My role as CFO is to
                                                          enhance the corporate value, manage revenue
                                                          efficiently, control cost, manage cash flow and
                                                          ensure that the board approved budget is met. I
                                                          act as a catalyst for the management team and
                                                          provide them with relevant and timely financial
                                                          and management information that enables us as
                                                          a team to collectively make informed decisions
                                                          that propel the company forward.

                                                          This collective approach enabled the company to
                                                          respond swiftly to the inherent challenges caused by
                                                          this pandemic.

                                                          Under the direct supervision of the General
                                                          Manager and with the help of the procurement
                                                          team, ADA took various safety measures to

     ASHRAF FAHMY
                                                          mitigate the risks of COVID-19, including:
                                                          1. Fumigating and disinfecting the premises and fleet.
                                                          2. Installing thermal imaging cameras.
              CHIEF FINANCIAL OFFICER
                                                          3. Rolling out COVID-19 test kits.
                                                          4. Implementing staff segregation procedures.
                                                          5. Making the required PPE and sanitizers available
                                                              to staff everywhere in the company.
Abu Dhabi Aviation, like many other companies in the
UAE and globally, faced serious challenges in the first   ADA’s achievement would not have been possible
quarter of 2020. COVID-19 and low oil prices had a        without your input and dedication. Every single
significant negative impact on the Abu Dhabi Aviation     member of ADA staff has a crucial role and plays
Group. Fortunately, due to the acumen and foresight of    a significant part in the company’s success.

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GM

                                                                                                                                                                                                                                                                                              INDEX
                                                                                                                                                                                                                                                                Chief Financial
                                                                                                                                                                                                                                                                    Officer
                                                                                                                                                                                                                                                              Ashraf Anis Ibrahim                    CHARIMAN & BOARD                                                            GM
                                                                                                                                                                                                                                                                    Fahmy

                                                                                                                                                                                                                                                         FIMS

                                            ADAME & ADAIRE                                          Finance                                                                                                                                          IT
                                           Mohannad Abdelhadi                                     Department                                                                                                                                     Department

                                                   ADATC                                                        Account Manager                                                                                                                              Head of IT Department
                                               Ahmed Al Khouri                                                   Farhan Ahmed                                                                                                                                  Ibrahim Albloushi

                                                                                                                                                                                                        IT Operation                                 IT Infastructure                          Business & Corporate
                                                                                                                                                                                                           Section                                        Section                                  Applications

                                                                                           Management                                                            Sr Financial
                                                                        Sr. Financial                                                                                                                                                    Sr. Network and                        System                  Senior Business
                                                                                            Accountant
                                                                                                                                                            Accountant/ Assistant                           Support Supervisor
                Marverick Baddu                                          Accountant                                                                                 to CFO                                                               Security Engineer                    Administrator                 Analyst
                                                                                            Ermyr Luis                                                                                                          Shameel
                                                                        Ayman Afifi                                                                            Siljha Ahammed                                                                  Sibtan Ali                       Abbobacker                    Gaurav

                                                                           Finance                                                                                                                                                                                                                        Procurement
                                                                                        Finance Administrator                                                                                                                               IT Support                                                    Officer
                                                                       Administration                                                                                                                                                                                                                                                                      Warranty and
                                        Payables Unit                  Representative
                                                                                              Shameem                           Payroll Unit                             Receivables Unit                                                   Technician
                                                                                                                                                                                                                                                                                                                                                        Reliability Specialist
                                                                                            Khyrunuzool                                                                                                                                      Ashuand
                                                                        Sudhir Kumar                                                                                                                                                                                                                                      Noyal          Sadhik

                                                                                                                                                                                                                                                                                                          Buyer
                                                                                                                                                                                                                                          Support Clerk                                                                                                             Warranty
                                                                                                                                                                                                                                                                                                          (Aviation
                                                                                                                                                                                                                                            Imteyaz                                                       Procurement)                                            Administrator
                                                                                                                                                                                                                                                                                                                                                                  Mohd Tarique
                                                                                                                                                                                                                                                                                                                          Caryl         Jennette

                                                                                                                                                       Receivables
                                                                                                                                                                                                                                          IT Help Desk
                                                                                                                                                       Accountant                                                                                                                                                                 Order Administrator
                                                                                                                                                                                                                                           Technician
                                                                                                                                                                                                                                                                                                                                       Sukanya
                                                                                                                                                                                                                                         Ryan Pulangco
                                                                                                                                                                  Rafeque Ahmed Kateryna Shekera

                      Accounts                                                                                  Payroll
                      Payable                                                                                   Accountant                                                                                                                                                                                                        Material Progress
                      Officer                                                                                                                                                                                                                                                                                                          Chaser
                                                                                                                                                                                                                                                                                                                                   Mostafa Adel
                                  Rona Ahadi   Marie Grace   Rosalie                                                         Sujith Thundiyil   Jalagit Chettur

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DIVISION                                       DEPARTMENT                 SECTION                                    UNIT                            DIRECTOR                                MANAGER                                            OCCUPIED                             CURRENT VACANCY                                                   OUT SOURCED

                                                   Materials                                                                                                                                                                                                                       Investor Relations
                                                  Department                                                                                                                                                                                                                          Department

                                                                                                                                                                                                                                                                                                Investor Relations
                                                      Materials Manager                                                                                                                                                                                                                             Manager
                                                       Jagmohan Tomar                                                                                                                                                                                                                            Suhaila Mohamed
                                                                                                                                                                                                                                                                                                   Al Mazrouei

                                                                                                                                                                                                                                                                                                                                                                     Administrative
                                                    Procurement
                                                                                                                                                                                                                     Stores Section                                                                                                                                    Assistant
                                                       Section                                                                                                                                                                                                                                                                                                       Nawal Humadi

                                                                                                                                                                                                                                                                                                                                                                       Quarantine
                         Head of Procurement                                                                                                                                                                                                             Shipping                        Projects Store
                               Section                                                                              Issue Counter Unit              Tool Counter Unit                 Inventory Unit                 Receipts Unit                                                                                                                                     Storekeeper
                            Madhuri Ujra                                                                                                                                                                                                              & Logistics Unit                   Support Unit                                                                 Thaha Ayoob

                               Offi cer                  Buyer (Local     Offi cer - Third Party/   Officer -
                                                                                                                                                                Officer - Tool             Materials Planning                Receipt Officer                 Officer - Logistics
                                                         Purchasing)                                Issue                                                                                                                                                                                        PAW - Stores Officer                                              GHQ- Stores Offi cer
                           (Repair Control)                                Consignment Stock                                                                      Counter                      Executive                  Hibadurahman Iman                    and Shipping
                                                        Kandiyil Moidu                              Counter                                                                                                                                                                                        Abdul Razak                                                     Musthafa Anjilath
                             Ghanshyam                                      Muneer Punathil                                                                       Vineesh                  Mohan Pushpalal                     Manzoor                      Thaya Kunhabdulla
                                                                                                                Mohandas          Sajeev

  Buyer                                                                         Assistant                       Storekeeper                             Storekeeper                                                     Storekeeper                                                             PAW - Storekeeper                        GHQ - Store
                                                                                                                                                                                               Materials                                                          Storekeeper
  (Repair                                                                     Coordinator                                                                                                                                                                                                                                                Assistant
  Control)                                                                                                                                                                                  Planning Officer                                                    Diosdado Roxas
                                                                              - Third Party
                                                                                                                                                                                             Roland Torres
                Regie          Samindra                                           Obeid                                                                                                                                                                                                                                                                Shreesh Haridas Anjilath Jaseer

                                                                                                        Navin         Mikko       Mohd Jiffry    Abduranhiman      Jeenas                                        Rohit Kumar        Ibrahim                                          Edmundo          Umer              Arif

                                                                                                                                                                                                                                                         Store Assistant

                                                                                                    Mohd. Zeeshan      Ali           JʼNoel                Zaldy                          Materials Planning                                                                                   Binu       Nishad Abbas
                                                                                                                                                                                                                               Stores Assistant                                                                                                                      Account Manager
                                                                                                                                                                                              Storekeeper
                                                                                                                                                                                                                                    Robel                                                                                                                             Farhan Ahmed
                                                                                                                                                                                          Anicio Pagdonsolan

                                                                                                                                                                                                                                                     Parambat    Iman Manzoor
                                                                                                                                                                                                                                                       Ismail        Habid

  Coordinator
                                                                                                                                                                                                                               Logistics Assistant                                                Stores Receivable            Accounts Receivable
  Away                                                                                                                                                      Stores Assistant
                                                                                                                                                                                                                                Abdul Hashem                                                         Coordinator                   Coordinator
  from Base                                                                                                                                                 Sreekanth Kripal
                                                                                                                                                                                                                                                            Azhar                                   Mohd Hamad                       Kamal
                Jasmal         Rasheed

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ADA FINANCIAL SECTION

                                                                                                                        MR. ASHRAF FAHMY
                                                                                                                        CHIEF FINANCIAL OFFICER

                                                                                                                   CURRENT POSITIONS
                                                                                                                  CFO: Heading Finance, Stores, Procurement, Investor
                                                                                                                 Relations and IT Departments
                                                                                                                 Director of Internal Controls
                                                                                                                Vice Chairman: ADA International Real Estate (ADAIRE)
                                                                                                               Board Member of the following:
                                                                                                               ADA Training Center
                                                                                                              Herbal Hill Gardens (UK)
                                                                                                             Agusta Westland Aviation Services
                                                                                                             Chairman: Al Muneera Advisory Committee (Provis/Aldar)

                                                                                                           QUALIFICATIONS

                                                                                                          CCDNM (2015)
                                                                                                         Certified Contract Development and Negotiation Manager

                                                                                                       FCCA (2001)
                                                                                                      Fellow of the Association of Chartered Certified Accountants

                                                                                                     MCAD (2000)
                                                                                                     Microsoft Certified .NET Application Developer

                                                                                                 BSc (1990)
                                                                                                Bachelor of Commerce

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ADA FINANCIAL SECTION

                CAREER HIGHLIGHTS

                                 •     30 years experience working in various sectors, across multiple
                                      geographical locations and in a variety of capacities with diverse
                                     executives and board levels.

                               • Over twenty years of experience in senior level positions, including
                                 C-suite and Board level positions such as Vice Chairman.

                            • Worked for blue chip companies: Rank Xerox, P&O Ferries, Jaffali
                              Laing O’Rourke and Abu Dhabi Aviation in the UK, UAE, KSA and
                             Egypt.

                          • Worked in various sectors including: Aviation, Construction, Real
                            Estate, Facility Management and Transport & Tourism.

                       • Wealth of experience in maximizing profitability, generating
                         preserving cash, forming new companies, negotiating joint ventures,
                        managing due diligence and overseeing mergers and acquisitions.

                     • Exposure to various geographical locations has given in-depth
                        understanding of the unique regulations (financial, legal and tax),
                       diverse cultures and innovative working practices that exist across
                      countries and regions.

                  • Academic qualifications in both finance and IT complemented by
                    an-in-depth working experience enabling informed decisions to
                    deliver efficient and effective implementations and solution
                   architectures.

               • Supports the Chairman and the Board of Directors in forming
                 financial, operational and commercial strategies.

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ADA FINANCIAL SECTION

                                                                   MR. FARHAN AHMED
                                                                   ACCOUNTS MANAGER

                                                             CAREER HISTORY

                                                           Assistant Audit Manager: ADA
                                                          Audit Supervisor: KPMG
                                                          Assistant Teacher and School Coordinator
                                                         of Business and Management: Islamabad

                                                       QUALIFICATIONS

                                                     Chartered Accountant
                                                     Association of Chartered Certified Accountants UK

                                                    Chartered Accountant
                                                   The Institute of Chartered Accountants of Pakistan

                                                Chartered Accountant
                                                UAE

                                               Certified Internal Auditor
                                              The Institute of Internal Auditors USA

                                             Associate Member
                                            Institute of Public Accountants of Australia

                                       Certified Financial Consultant
                                      The Institute of Financial Consultants Canada

                                   BSc. (Honours) in Applied Accounting
                                   Oxford Brookes University London

                                MSc. in Professional Accountancy
                                University of London

18   Issue No.3 Quarter 2, Mar - Jun 2020                                                                          www.ada.ae
ADA FINANCIAL SECTION

                CAREER HIGHLIGHTS

                                • 10 years of professional experience in accounting, finance, internal
                                  and external audit.

                              • Dedicated, reliable and hardworking team member and team
                                leader.

                            • Authorized signatory of the Company for payments.

                           • Has a problem solving attitude and is experienced in business
                             process reengineering.

                         • Tackles difficult situations through logical reasoning and analytical
                           ability.

                       • Effectively communicates upwards and downwards.

                      • Well versed with latest work related technologies.

                     • Planned and executed various cost saving exercises.

                   • Successfully trained young professionals.

                  • Five KPMG Bravo awards for outstanding performance in different
                    quarters.

                • Winner – KPMG IFRS Quiz and E-audit software.

               • Mentor for accounting and finance students.

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ADA FINANCIAL SECTION

                                                                MS. SILJHA AHAMMED
                                                                SR FINANCIAL ACCOUNTANT/
                                                                CFO ASSISTANT

                                                          CAREER HISTORY
                                                         Cost Accountant, Third party Coordinator
                                                        & Quotation Officer, Stores Secretary: Abu Dhabi Aviation
                                                       Medical Secretary: Mafraq Hospital
                                                       Accountant: FAMECO Contracting

                                                     QUALIFICATIONS
                                                     Certificate in Treasury (2019)
                                                    The Association of Corporate Treasurers, UK

                                                   Fellow of the Association of Chartered
                                                  Certified Accountants (2018): UK

                                                Diploma in Change Management (2016): ALISON

                                               Certificate of UAE Chartered Accountant,
                                              Accountants & Auditors Association (2015): UAE

                                             Master of Business Administration in Finance
                                             & HR Management (2009): VMU, India

                                            Bachelor of Commerce (2006): Calicut University, India

                                        CAREER HIGHLIGHTS
                                      • Over 17 years of experience working in various sectors in UAE.
                                     • Finance professional with proven experience in financial
                                       management, contract costing, taxation, budgeting, supply
                                       chain management, logistics etc.
                                  • In-charge of VAT compliance, preparation & filing of the monthly
                                     group returns, providing guidance on correct VAT handling
                                    and communication with FTA.
                                • Lead participant & finance representative for automation &
                                   implementation of payroll management system in liaison with
                                  HR and abiding to company policies.
                              • Working closely with CFO on capital projects providing key
                                financial support in cost control, reporting, analysis, contract
                               costing and scheduling.

20   Issue No.3 Quarter 2, Mar - Jun 2020                                                                           www.ada.ae
ADA FINANCIAL SECTION

                 MS. ERMYR SAN LUIS
                        MANAGEMENT ACCOUNTANT

                  QUALIFICATIONS
                   Institute of Certified Professional Managers
                    James Madison University

                    Certified Public Accountant (2003)
                    Philippines

                      Bachelor of Science in Accountancy (2003)
                      Far Eastern University, Philippines

                        CAREER HIGHLIGHTS
                         • Preparing Month-end Closing
                          • Producing monthly and annual financial statements
                           • Consolidating ADA Small Group Financial Statements
                            • Preparing Monthly Management and Quarterly Board Reports
                             • Drafting Comprehensive Annual Budgets and Forecasts
                              • Generating variance analysis of Actual to Budgeted/
                                Forecasted results

www.ada.ae                                                                     Issue No.3 Quarter 2, Mar - Jun 2020   21
ADA FINANCIAL SECTION

     FINANCIAL DEPARTMENT
     ACHIEVEMENTS

                                                 Accurate budgeting and forecasting.

                                                 Monitoring spend and controlling cost.

                                            Complying with tax and recordkeeping regulations.

                                            Preserving the company’s assets and resources.

                                Controlling inventory levels and managing purchases and consumption.

                     Tejari general procurement system has been implemented and rolled out within Finance,
                                                  Procurement, IT and all staff.

                      Fully Digitized workflow process including payroll, document management, customer
                                                 invoicing and supplier payment.

                             Finance went completely paperless within a couple of weeks, including the
                                 implementation of digital certificate signatures and online banking.

                       Future recruitment have adapted to enable hiring staff from anywhere in the world, therefore
                        tapping on valuable resources and saving on the relocation cost and housing allowances.

22   Issue No.3 Quarter 2, Mar - Jun 2020                                                                             www.ada.ae
ADA FINANCIAL SECTION

                                          Managing loans, overdraft and cash flow.

                                          Accurate and timely processing payroll.

                                           Converting to a paperless environment.

                              Implementation of an electronic document management system.

                         Flattening the hierarchy for swifter decisions and efficient communication.

                      Digitization of the workflow process with management approvals and online banking.

                The use of video-calls brought ADA team together, increased the team’s availability and
                                             enhanced their productivity.

               Actions laid out the infrastructure required for efficiently working at a higher productivity
                             from home instead of being physically present in the office.

                ADA leadership promptly changed its traditional staff management and oversight approach
               into the digital management of productivity, attendance, achievement, targets and deadlines.

www.ada.ae                                                                                   Issue No.3 Quarter 2, Mar - Jun 2020   23
ADA INFORMATION TECHNOLOGY DEPT

                                                              MR. IBRAHIM ALBLOUSHI
                                                              HEAD OF INFORMATION TECHNOLOGY

                                                         CAREER HISTORY

                                                         D.IT Manager: Abu Dhabi Aviation, Abu Dhabi
                                                        IT Projects Controller: Emirates Airline, Abu Dhabi
                                                       Officiating Incident Manager: Emirates Group IT, Dubai
                                                      Senior Support Engineer: Emirates Group IT, Dubai
                                                     I.T Data Analyst: HSBC Middle East
                                                    IT Network Support: Commercial Bank of Dubai

                                                  QUALIFICATIONS

                                                1999-2003
                                               Computer Information processing
                                               & Computer network technologies.

                                             CAREER HIGHLIGHTS

                                            • Joined Abu Dhabi Aviation in 2012 and transformed the IT
                                               Department from: A Legacy IT infrastructure to a standard
                                              up to date complex technology within IT for Abu Dhabi Aviation
                                             and AgustaWestland Aviation Services.

                                        • Results-oriented IT Leader with 16 + years of insightful
                                           360-degree experience in leading a team of diversely skilled
                                          professionals across key functional areas in the IT space,
                                         seasoned expertise in orchestrating successful business
                                        turnaround and growth ventures within a diversified industry.

24   Issue No.3 Quarter 2, Mar - Jun 2020                                                                       www.ada.ae
ADA INFORMATION TECHNOLOGY DEPT

                CAREER HIGHLIGHTS

                                   • Manifest broad experience in directing whole gamut encompassing
                                      IT Management, Project Management, IT Operations, disaster
                                     recovery, software development, process improvement, web
                                     development, ERP application management, database
                                    administration, MIS reports development, and customer service.

                               • Possess track record in developing and implementing IT
                                  strategies, synergizing core business objectives with IT to achieve
                                 growth, and leveraging technologies for rationalizing manpower,
                                enhancing organizational productivity, and improving the efficiency
                               of operations.

                           • Displayed caliber in Business Application/Infrastructure from
                              conceptualization, planning, solution design, development, testing,
                             troubleshooting and implementation; utilizing net technologies
                            networking, TCP/IP addressing schemes, and IP Technologies.

                      •    Proven success in systems integration, networking, troubleshooting,
                          repair, building systems, upgrade capabilities.

                    • Result oriented & effective team leader with excellent planning,
                       monitoring, critical thinking, attention to details, time management,
                      team building, analytical, communication, problem-solving,
                     decision-making and interpersonal skills.

                •    Work specialties are IT Governance & Strategy Management,
                   Information Security Management, IT Compliance & Risk
                  Management, Virtualization, Data Center Consolidation Technology
                 Architecture & Integration, AI and Business Intelligence, Project
                 Management, Vendor Management, Cloud Computing, Team
                Building & Management, Vendor SLA and Contracts Management.

www.ada.ae                                                                                Issue No.3 Quarter 2, Mar - Jun 2020   25
ADA INFORMATION TECHNOLOGY DEPT

                                                            MR. GAURAV UPADHYA
                                                            SENIOR BUSINESS ANALYST

                                                       CAREER HISTORY
                                                      IT Support Officer: Abu Dhabi Aviation
                                                     Business Consultant: Rusada Group

                                                   QUALIFICATIONS
                                                 2019
                                                 MBA, Finance
                                                SP Jain School of Global Management

                                                2008
                                               B.E, Computer Science
                                              Birla Institute of Technology and Science (BITS),
                                             Pilani Dubai Campus

                                            CAREER HIGHLIGHTS
                                          • In 2020 successfully implemented and went live with Tejari
                                              procurement system in Abu Dhabi Aviation to introduce
                                             paperless procurement processes.
                                        • Developed paperless approval process through integration
                                           between Adrenalin and Rusada for order and quotation
                                          approvals during COVID to meet urgent business requirements.
                                      • Manage ongoing projects, internal training and support for
                                        critical business applications such as Rusada, Adrenalin, AIMS,
                                       Zoho and Microsoft Great Plains.
                                    • Combined experience of over 13 years in techno functional
                                      role within aviation and software development industry
                                     implementing industry leading software solutions.

26   Issue No.3 Quarter 2, Mar - Jun 2020                                                                 www.ada.ae
ADA INFORMATION TECHNOLOGY DEPT

                         MR. SHAMEEL K.
                            PARAMBATH
                                IT SUPPORT SUPERVISOR

                  CAREER HISTORY
                   Customer Support Engineer:
                   Accord System Solutions, Kerala, India

                     QUALIFICATIONS

                       Bachelor of Business Administration
                       Annamalai University, Tamil Nadu, India

                         Microsoft Certified Professional (Since2003),
                         CompTIA Network+

                           Ongoing Certificate Preparation
                           MBA, Master of Business Administrations in Information
                            Systems.

                              CAREER HIGHLIGHTS

                                • 15+ years’ experience in Systems and Network Project support.
                                 • Expertise in the management of operating system, network and
                                   applications with experience in configuring and troubleshooting
                                    various hardware and software related issues.
                                  • Management and Administration of 2003, 2008, 2012 Servers
                                     and Domain Users.
                                   • Handling IT Support for AW IETP, Bell ETP, Jeppesen, Aerobytes
                                       FDM, HUMS PC –GBS, Pratt & Whitney DPHM, Heliwise etc.

www.ada.ae                                                                          Issue No.3 Quarter 2, Mar - Jun 2020   27
ADA INFORMATION TECHNOLOGY DEPT

                                                              MR. MOHAMMAD
                                                              SIBTAIN ALI
                                                              SENIOR NETWORK & SECURITY ENGINEER

                                                         CAREER HISTORY
                                                       Head of IT Security: Symphony Teleca
                                                       Principle Infrastructures: Mphasis an HP
                                                      Sr. Network Security: IBM India
                                                      Network Security Engineer: Allied Digital Services Ltd

                                                     QUALIFICATIONS

                                                   2011
                                                   MBA, Finance
                                                  Calorx University, Ahmedabad

                                                2004
                                               BSC (Information Technology)
                                               Manipal University, Manipal

                                              CCISO EC-Council, CCIE Security.
                                             CCSE (Check Point), CCSA (Check Point)
                                             CCIE Datacenter, CCDE, ITIL v3. MCP (Microsoft).

                                            CAREER HIGHLIGHTS

                                     • Abu Dhabi Aviation, From the last 6 years working with ADA
                                        as a Senior Network Security.
                                    • 15 years’ of experience in Cyber Security.
                                   • Implemented and configured various projects in Security,
                                      Networking, Wireless, Voice, Datacenter, Storages, Cloud
                                     Security, Forensics and Penetration Testing.
                                • Improved security postures and gaps in the cybersecurity
                                   portfolio.
                               • Redesigned network and security architecture and deployed
                                 industries best standard and practice as per CIS benchmark,
                                 OWASP 10, SAN 20 and ISO 27k standard.
                             • Redefined technical solutions, features, and functions as per
                               cyber trends.
                            • Identified the network loop and validated technical solutions
                              and best practices .

28   Issue No.3 Quarter 2, Mar - Jun 2020                                                                      www.ada.ae
ADA INFORMATION TECHNOLOGY DEPT

                      MR. ABUBAKKAR
                         SITHIK IQBAL
                                    SYSTEMS ENGINEER

                  CAREER HISTORY
                  IT Administrator: Statistics Center Abu Dhabi (SCAD)
                   Winter Engineer: HP India
                    System Administrator: WIPRO Technologies

                     QUALIFICATIONS
                       Master of Science in Information Technologies
                       Progress Alagappa University

                         2010
                         Bachelor of Science, Mathematics
                          Madras University

                            CAREER HIGHLIGHTS
                             • Awarded System Engineer successfully completed ISO/IEC
                                27001 Certificate without any issue all it infrastructure.
                              • Awarded on title of the best performer for dedicated IT support
                                 WIPRO and TELSTRA project end.
                               • Successfully completed the application and migration Windows
                                  XP to Windows 7 without downtime and server more than 500
                                   client PC on TELSTRA Project.
                                 • Complete rebuilding of New HCI data centers (Server, Storage
                                     and Backup) for ADA.
                                  • In its very short time, all business applications like RUSADA,
                                       Adrenalin and File server were migrated successfully without
                                        any data loss and business impact. Project was successfully
                                         completed with all infrastructure working smoothly.

www.ada.ae                                                                        Issue No.3 Quarter 2, Mar - Jun 2020   29
ADA INFORMATION TECHNOLOGY DEPT

     IT ACHIEVEMENTS
     2012-2020

                                                                           Centralized                               Software
                                                                                                                      Based

                                                                                                                                State of art
                                                                                     Signed MOU                               network design
                            Development of                           Security         with a Cert     Next Generation
                            a sophisticated      Migrated to         audit and                                              implemented with
                                                                                      (Computer          Firewalls for
                            data center with   virtual platform    assessment                                                    powerful
        A detailed IT                                                                 Emergency       ADA introduced
                             environmental         for better         at ADA                                                   Centralized
       Infrastructure                                                              response Team)      to control and
                               monitoring         availability    conducted by                                                backbone with
        Assessment                                                                  which support         protect ADA
                             systems along       and control.      the National                                                aggregated
       conducted for                                                                 the national       infrastructure
                                  with          Elimination of      Electronics                                                networks to
       best practice.                                                               companies for        from Layer 7
                             uninterruptible   physical server       Security                                                provide flexibility
                                                                                       all Cyber        traffic attacks
                            power supply to    infrastructure.       Authority                                                   for future
                                                                                    Security threat    which are very
                                maintain                             (NESA).                                                 expansions and
                                                                                      prevention.     critical in nature.
                                non-stop                                                                                     data monitoring.
                                access.

            01                    02               03                 04                05                  06                    07
                                  15               16                 17                18                  19                    20
                                                  Innovative        ADA’s new        eProcurement                              Rollout of
                                                low-cost CRM       user-friendly         platform                             Great Plains
                                                    solution          website       implementation    Implementation         from very old
                             Adrenalin HR      implementation      development        to Centralize      of Business         version to the
                              system with           for ADA         and launch     the procurement       Intelligence        latest version
                            Payroll process      Commercial          based on      process in ADA.       Solution for        with minimum
                            successful roll       department          Content           Currently      ADA Finance           or no impact.
                            out of in AWAS           Users.       Management       Solution running      department
                            and additional                         Platform with    in selected key        actively
                             modules work                           responsive      departments in       contributing
                             in progress at                          design as       ADA and soon       to meet their
                                  ADA.                                per ADA            all other     requirements.
                                                                  Management       departments will
                                                                  requirements.       be using the
                                                                                          same.

30   Issue No.3 Quarter 2, Mar - Jun 2020                                                                                    www.ada.ae
ADA INFORMATION TECHNOLOGY DEPT

                                                        POINTS OF
                                                  TRANSFORMATION
                                               From a conventional IT facility to a full scale data center.

          Defined                                Enabled with:
      Infrastructure                            scalability and
                                                  expansion

       Helpdesk
 ticketing system        Protected ADA                              Introduction
                            users from                              of encrypted                                                 Enterprise low
    implemented
                           cloud-based                               USB data                                                      cost video
         based            email attacks     Next generation                                 Enterprise
 on best industry                                                  carrier devices                                                conferencing
                           (like Spoof,        endpoint                                  backup policy
 practices with IT     Phishing, Whaling,                             for critical                              Actively             solution
                                                security           departments at        implemented                            implemented for
   operation and       Impersonation and    implemented to                              and introduced        participated
    infrastructure      malicious URLs)                           ADA and control                                in the         ADA users from
                         by introducing       control and         the data security     the latest Tape                        Google Meet and
      monitoring                              protect user                                 technology       achievement of
system to monitor         Gartner's top                            and visibility of                         ISO 27001 for     Zoom to allow our
                          ranked Email        devices with         usage activity,          which can                           business teams
    the Capacity,         Security and         corporate                                  handle huge            ADA.
  Availability and                                                  theft control                                                 to effectively
                        Advanced Threat        enforced                                  data sets and
    Performance                                                       and trace                                                communicate and
                            Protection          security                                 tape storage
     of the critical         Services.                              mechanism.                                                  work safely from
                                                policies.                                    offsite.                                 home.
   infrastructure.

       08                    09                   10                    11                   12                 13                    14
       21                    22                   23                    24                   25                 26
                           Migrated                                    Wireless                             Next-generation
                         AWAS to ADA            VDI solution         Presentation        Manage Print        IP Telephony
                          Data Center       introduced during     Solution for ADA          Services          with a billing
                          with almost          Covid-19 for      introduced for the                              system
      Roll out                                 users to work                             implemented
                          zero impact                             company Board        with Centralized     introduced with
     Rusada’s             successfully          from home,       Room with a large                          implementation
   platform with                               which provide                           management of
                        and without any                          Interactive screen     print out control     in progress.
   new version                                more flexibility
                        cost implication,       to reach out       to simply share       and security.
   for ADA and           making AWAS        desktop from any      content from any
      AWAS.                                                                              This solution
                        saving 100ks of       PC to increase      laptop or mobile      helped to have
                              AED.          efficiency, reduce      device, on the      more control on
                                               maintenance,          presentation
                                              support efforts,                         printers fleet And
                                                                        screen.        saved more than
                                                  and bulk
                                                 hardware.                                 100k AED.

       www.ada.ae                                                                                              Issue No.3 Quarter 2, Mar - Jun 2020   31
ADA MATERIALS DEPT

                                                               MR. JAGMOHAN TOMAR
                                                               MATERIALS MANAGER

                                                         CAREER HISTORY

                                                       Logistics & Procurement: Aryan Cargo Express, India AGM
                                                      Head-Parts and Logistics: Dana Airlines Ltd, Lagos, Nigeria
                                                      Controller-Engineer Stores: SPICEJET LTD
                                                     Assistant Manager -Engineer Stores: M/s AIR DECCAN LTD
                                                     Manager - Stores (SAP Implementation): M/s Micro labs Ltd
                                                    Logistics Officer: Indian Air Force

                                                  QUALIFICATIONS

                                                2000
                                                M.B.A. (Material Management)

                                               1997
                                              Diploma (Marketing Management)

                                             1995
                                            Bachelor of Arts

32   Issue No.3 Quarter 2, Mar - Jun 2020                                                                           www.ada.ae
ADA MATERIALS DEPT

                CAREER HIGHLIGHTS

                                • Effectively setting up Procurement & Logistics Department of ARYAN
                                  CARGO EXPRESS, An International Cargo Airlines within short
                                 span of time.

                             • Successfully setting up Dana Airlines, (Nigeria), Eng. Procurement
                               Policies & Negotiation of procurement contracts with Iberia
                              Maintenance, Madrid, Spain.

                          • Proficiently redefining Purchase & Stores Policy along with KPMG
                            Team to meet the expansion plans of SpiceJet & tightening the
                           Internal Control Procedures.

                        • Efficiently negotiating & Implementing Boeing Integrated Material
                          Management Program, with focus on Efficient Material Management
                         with Cost Reduction in SpiceJet Airlines.

                     • Recognized with Appreciation from AVP- Engineering of SpiceJet
                       Airlines for Outstanding Performance in Inventory Management.

                   • Recognized with Appreciation from Managing Director of Abu
                     Dhabi Aviation Training Centre for outstanding logistics support
                    in establishing flying simulators.

                 • Designing of Logistics Strategies for reducing Turn Around Time
                   & Cost savings.

www.ada.ae                                                                           Issue No.3 Quarter 2, Mar - Jun 2020   33
ADA MATERIALS DEPT

     MATERIALS DEPARTMENT
     ACHIEVEMENTS
     The material department identified the seriousness of the COVID 19 pandemic and its anticipated
     disruption on the global supply chain of aviation parts.

                        The department took the following
                       measures:

                                                       Ensuring the health and safety of its the staff through
                                                     segregation, fumigation of warehouse and shipments from
                                                    suspect countries, working from home and PPE supply.

                                              Support the engineering department to guarantee the fleet
                                             readiness and meet customer requirements and business
                                            continuity.

34   Issue No.3 Quarter 2, Mar - Jun 2020                                                                        www.ada.ae
ADA MATERIALS DEPT

                                       The materials department supported the
                                        management during this pandemic by
                                         promptly responding as follows:

        Procuring COVID 19 PPE materials for all front-line staff
         and ADNOC passengers.

                 Keeping critical frontline stores staff onsite to safely
                  support operation.

                          Negotiated with OEMs for discount and cost reduction in
                           favor of our clients.

                                  Adapting Tejari, the procurement solution for all commercial
                                   purchases, replacing the paper LPRs and LPOs.

                                           Logistics continuity by using the safest air transport network
                                            to safely ship spares from COVID 19 affected countries.

The materials department was able to successfully achieve key objectives despite the challenges COVID-19
brought to the world, country and business.

www.ada.ae                                                                             Issue No.3 Quarter 2, Mar - Jun 2020   35
ADA INVESTOR RELATIONS DEPT

                                                               MRS. SUHAILA MOHAMED
                                                               S. AL MAZROUEI
                                                               INVESTOR RELATIONS MANAGER

                                                          CAREER HISTORY

                                                        Investor Relations Manager: 2012-Present
                                                       Abu Dhabi Aviation Accountant: 2009-2011
                                                       Abu Dhabi Aviation Administration Officer: 2003-2009

                                                      QUALIFICATIONS

                                                     2014
                                                    Planning & Administrative Development

                                                 2012
                                                 Certified Manager

                                               2009-2011
                                               MBA

                                              2009
                                             Bachelor Degree in Accounting

                                             2007 Diploma
                                            Business Administration Computer Information System

                                       2002 Certificate
                                       Workforce Qualifying Program

36   Issue No.3 Quarter 2, Mar - Jun 2020                                                                     www.ada.ae
ADA INVESTOR RELATIONS DEPT

                CAREER HIGHLIGHTS

                                  • Experienced in the Investor and financial fields as an Investors
                                    Relations Manager.

                                • 12 years’ experience with progressive, challenging, and diverse
                                  organization fields.

                              • Dynamic and performance driven professional with the ability to
                                communicate and motivate team members to enhance strategic
                               goals and bottom line objectives.

                           • Ability to be discrete and maintain high levels of confidentiality.

                          • Proficiency to take decisions with an overview of risk factors.

                        • A strong understanding of macroeconomics, capital markets trends,
                          competitor activities, industry dynamics.

                 ACHIEVEMENTS

                 • Ensuring the company is appropriately and strategically positioned
                   with analysts, investors, and all stakeholders.

               • Reporting directly to the CFO, and responsible for creating the
                 appropriate strategy, framework, and tactics, as well as for providing
                a very compelling investor relations roadmap.

             • Carefully managing relations, equity research and investor
               community with excellent communication and interpersonal skills.

        • Deep knowledge and understanding of the capital markets,
          thorough understanding of key metrics.

      • Financial modeling techniques and valuation methods used by
        analysts and investors.

www.ada.ae                                                                                Issue No.3 Quarter 2, Mar - Jun 2020   37
INVESTOR RELATIONS

     FINANCIAL OPERATIONS
     DIRECTORS REPORT

     The directors are pleased to           ADA provides services to the         ADA provides state of the art
     present their report and the           following aviation sectors:          technical support through its
     audited consolidated financial         • Flight Operations (Dry and Wet     612 m2 MRO facility at Abu
     statements of the group for the          Lease).                            Dhabi Airport:
     year ended 31st March 2020.            • Flight Charter (Oil and            • GCAA, FAA, EASA, CARC and
                                              Gas Support, Firefighting,           GACA.
     Abu Dhabi Aviation (ADA) is the                                             • Heavy Maintenance (Rotary and
                                              Photography, Aerial Application,
     largest commercial helicopter                                                 Fixed wing)
                                              Pipeline patrols, Long line
     operator in the Middle East,                                                • Overhaul and Component
     operating:                               missions, and VVIP flights for
                                                                                   Workshop
                                              Heads of States).
     • (50) Helicopters                                                          • Engine Support (change,
     • (16) Augusta Westland AW139s         • Medical Evacuation (24/7             inspection and build-up)
     • (22) Bell 412s and (12) Bell 212s      HEMS MEDEVAC - Offshore and        • Avionics Support
     • (04) Fixed-wing aircrafts (DHC-8)      Desert Evacuations).               • Structures Workshop
                                            • Search and Rescue support to       • Wheels and Brakes
     ADA’s strategic view is to               the armed forces of the UAE.       • Refurbishment and Paint shop
     diversify its activities within the    • Fixed Wing passenger transport.    • Floats and Rafts Inspection and
     aviation and non-aviation                                                     Overhaul
     sectors.                                                                    • Battery Workshop

38   Issue No.3 Quarter 2, Mar - Jun 2020                                                                 www.ada.ae
INVESTOR RELATIONS

                                                                      ADATC also provides the following
                                                                     courses:
                                                                    • Pilots Initial and Type Rating
                                                                     (Ground and Flight)
                                                                  •Recurrent and Refresher
                                                                   (Ground and Flight)
                                                                • LOFT
                                                               • Airframe and Avionics
                                                              • GCAA, EASA & GACA approved courses
                                                             • GCAA, EASA & GACA Examiners
                                                            • NVG Training
                                                           • CRM, First Aid, Firefighting,
                                                            Dangerous goods and others.

                                                        ADA has established ADA International Real Estate LLC
                                                       (ADAIRE) to manage the Group’s land and properties in
                                                      the UAE and overseas.

                                                    ADAIRE scope of work includes:
                                                   • Asset Management
                                                  • Property Management
                                                 • Leasing Services
                                                • Joint Ventures
                                               • Private Equity
                                              • Facilities Management Services
                                             • Development Management Services
                                            • Investments

                                          ADA has 100% ownership in Maximus Air LLC (MAX), the largest
                                         air cargo operator in the UAE and among the largest in the Middle
                                        East.

                                       It has a fleet of Antonov (AN–124–100) and Ilyushin (IL- 76TD).

                                      The company provides end to end outsized cargo solutions
                                      including:
Continuing airworthiness              • Dangerous goods
management organization               • Equestrian and live animals.
(CAMO).
Approved CAMO under GCAA,             Royal Jet LLC (RJ) is jointly owned by Abu Dhabi Aviation PJSC
CAR M, CARC & JCAR-Part M for a       (50%) and Presidential Flight Authority (50%).
number of RW and FW Aircraft
types.
                                      The fleet includes (11)              Other subsidiaries include:
                                      aircrafts:                           • ADA Real Estate Management
ADA has 100% ownership of             • Boeing Business Jets BBJ           • General Maintenance LLC
Abu Dhabi Aviation Training           • Global 5000                          (REMCO)
Centre LLC (ADATC) for                • Gulf Stream G300                   • ADA Millennium Consulting -
simulator training.
                                      The company’s core offerings           Owned by Abu Dhabi Aviation
                                      are:                                   Sole Proprietorship LLC (ADAME).
The facility has nine bays scalable
to eighteen bays at phase 2.          • Luxury VIP Aircraft Charter        • ADA has one of One of the largest
                                      • Medical Evacuation Services          aviation training facilities in the
ADATC holds the following FFS         • Charter Brokerage                    GCC was completed in 2017 and
simulators:                           • Aircraft Management and              now exists in Khalifa City.
• AW139                                 Acquisition Consultancy            • A large-scale simulator
• Bell 412                            • Fixed Base Operations (FBO) /        modernization project is currently
• King Air 350                          VIP terminal at Abu Dhabi and        underway and is expected to be
• Embraer ERJ 145                      Seychelles International Airport.     completed September 2021.

www.ada.ae                                                                         Issue No.3 Quarter 2, Mar - Jun 2020   39
INVESTOR RELATIONS

     FINANCIAL REPORT
     OPERATIONAL REVIEW

     FINANCIAL PERFORMANCE FOR THE YEAR ENDED 31 MARCH 2020 IS AS FOLLOWS:
                                            FOR THE PERIOD ENDED   FOR THE PERIOD ENDED
               AED‘ 000                                                                      INCREASE/DECREASE
                                               31 MARCH 2020          31 MARCH 2019

               TURNOVER                           550,370                  442,845                 24%

               OPERATIVE PROFIT                   126,347                  106,192                 19%

               OPERATING PROFIT-%                   23%                     24%

               NET PROFIT                          54,266                  60,282                  (10%)

               NET PROFIT-%                         10%                     14%

               EPS FOR THE PERIOD                   0.13                    0.09                   44%

                                                   AS AT                   AS AT
                                                                                             INCREASE/DECREASE
                                               31 MARCH 2020       31 DECEMBER 2019 (’000)

               TOTAL ASSETS                       4,897,918               4,980,248                (2%)

               TOTAL LIABILITIES                  1,516,573               1,559,446                (3%)

               TOTAL EQUITY                       3,381,345               3,420,782                (1%)

40   Issue No.3 Quarter 2, Mar - Jun 2020                                                                  www.ada.ae
INVESTOR RELATIONS

                      REVENUE FOR PERIOD ENDED 31 MARCH 2020:

                         ABU DHABI AVIATION’S   ROYAL JET L.L.C. (RJ)    MAXIMUS AIR L.L.C. (MAX)

REVENUE MADE:                AED 166.94M           AED 122.70M                   AED 260.73M

COMPARED TO SAME
PERIOD IN 2019:              AED 154.50M           AED 160.23M                   AED 128.12M

PERCENTAGE:                  8% INCREASE           23% DECREASE                 103% INCREASE

                                                Due to Covid-19 impact    Due to more business from
                                                   along with lower         the Government and
                                                Governmental revenue.          related entities.

www.ada.ae                                                               Issue No.3 Quarter 2, Mar - Jun 2020   41
STRATEGIC SAFETY PLAN

     STRATEGIC SAFETY PLAN:
     ASAP 2020-2022
     AVIATION SAFETY ACTIONS AND PRIORITES

     ONE VISION
     TEN PRIORITIES

     Abu Dhabi Aviation presented the            In line with the role of ICAO and the    proactively enhancing Safety through
     Abu Dhabi Aviation Safety Actions           UAE GCAA of providing an industry        the management of operational Safety
     and Priorities or ASAP 2020-2022            roadmap as a frame of reference to       risks. It assists the identification of
     as the organizational Safety                reduce risks of accidents, the “Abu      operational deficiencies, and
     roadmap. It serves as a strategic           Dhabi Aviation Safety Actions and        prioritization of actions, to support the
     action plan to assist the Company in        Priorities” or “ASAP” is developed to    Company’s overall aviation activities.
     achieving its goals through a               align the Company efforts with the       ASAP 2020-2022 is implemented in
     structured and common framework             broader industry Safety initiatives.     accordance with the Company SMS.
     for management, staff and all
     relevant stakeholders. ASAP 2020-           2. Purpose of ASAP 2020 -                4. Continual Improvement:
     2022 presents a strategic                   2022:
     direction for the management                                                         Because of the dynamic nature of
     of Aviation Safety for a set                In general, ASAP 2020-2022 aims          aviation, challenges and changes
     period and developed in line                to continually reduce the risk of        may surface from time to time during
     with international and national             accidents by identifying and             the delivery of the Company strategic
     goals, targets and high-risk                analyzing trends, and implementing       safety goals. The Company’s SRB
     categories of occurrences                   appropriate remedial actions. ASAP       and Safety Action Groups (SAGs)
     (HRCs). It presents the strategy            2020-2022 assists the Company
                                                                                          will proactively review these issues
     which supports the prioritization and       SMS by:
                                                                                          and address them as appropriate,
     continuous improvement of the
                                                                                          in coordination with employees and
     Company Safety Management System            ADA’s Safety strategy is based on
                                                                                          other applicable stakeholders.
     (SMS) as per GCAA CAR Part X.               the identification the most likely
                                                 potential incident and accident types,
     1. Background:                              and the goals we must achieve to         Emerging issues may arise that might
                                                 prevent each of these.                   affect Safety (such as new concepts
     In the Global Aviation Safety Plan                                                   of operations, technologies, regulations,
     2020-2022 (Doc 10004), the                  3. Scope of Implementation:              policies, business models or ideas),
     International Civil Aviation Organization                                            for which insufficient data exists to
     (ICAO) ranks Safety as a “top               ASAP 2020-2022 is a strategic            complete typical data-driven analysis.
     priority in aviation”. ICAO                 document that enables the Company        It is important that the Company
     recognizes the importance of Safety         to adopt a flexible and coordinated      remains vigilant on emerging issues
     in the changing regulatory, economic        approach for internal planning and       to identify potential safety risks,
     and technical environments. It              implementation of SMS. ASAP 2020-        collect relevant data and proactively
     underpins that a safe aviation system       2022 is a means to achieve compliance    develop mitigations to address them.
     contributes to the economic                 with UAE CAR Part X and other CARs       The implementation of safety
     development of industry and of the          and CAAPs, and to go beyond              initiatives involves policy and
     organizations.                              minimum level of compliance by           organizational changes that may

42   Issue No.3 Quarter 2, Mar - Jun 2020                                                                                www.ada.ae
STRATEGIC SAFETY PLAN

                                                                       OUR SAFETY VISION:
                                                                       To reduce safety risks accross our
                                                                       operations and achieve outstanding
                                                                       organizational performance.

require additional resources or          that enable analytical processes, as    Specific Safety responsibilities of
different personnel qualifications.      well as knowledgeable and skilled       Department Heads and employees
                                         professionals required to support the   are outlined under relevant action
Additional resources may also be         programs.                               plans, programs, and individual job
needed to support the collection,                                                descriptions.
analysis and management of               5. Roles and Responsibilities
information required to develop and      under (ASAP 2020-2022):                 In the organizational context, the
maintain a risk-based decision-making                                            Company will engage in SMS
process. Technical capabilities should   All company employees need to be
                                                                                 implementation to continually identify
be developed to collect, analyze and     involved in the effort to continually
                                         improve safety. The ADA Senior          hazards and address operational
protect safety data and safety
                                         Management plays a key role in          safety risks, as well as work
information, identify safety trends
and disseminate results to relevant      promoting, coordinating, implementing   collaboratively with the authorities
stakeholders.                            and reviewing ASAP 2020-2022 in         (and other internal and external
                                         line with their Safety Duties and       stakeholders) on Safety information
Safety initiatives may require           Responsibilities (ADA SMS Manual        exchange,      monitoring        and
investments in the technical systems     Chapter 7).                             implementation.

www.ada.ae                                                                               Issue No.3 Quarter 2, Mar - Jun 2020   43
STRATEGIC SAFETY PLAN

     The company will implement a risk-based approach to             of the Company aviation systems. The Company will
     SMS that achieves an Acceptable Level of Safety                 determine common classification schemes and establish
     Performance (ALoSP). Through internal collaboration,            analysis methodologies that facilitate the sharing and
     safety data will be analyzed to support maintenance             exchange of safety information.
     of SPIs related to the risks and the major components

                                            Result-oriented safety      Safety Leadership
                                                                             Lorem ipsum
                                               planning and              and Ownership.
                                                  reporting.

                      Intergration of new
                    technologies,concept,
                         processes and                                                          Risk-based approach
                          industry best                                                          to decision-making
                            practices.                                                               and change

                                                       ABU DHABI
                                                     AVIATION SAFETY
                                                  ACTIONS AND PRIORITES
               Ongoing safety
                 awareness
               and promotion.
                                                        ASAP                                            Data-driven Safety
                                                                                                         Management.

                                                        2020-2022

                         Consultative
                       problem-solving                                                          Safety intelligence
                      and interface with                                                          (SI) Through
                        stakeholders.                                                             performance
                                                                                                   monitoring.

                                                                        Safety Assurance to
                                                 Training and
                                                                        verify effectiveness,
                                            competency through
                                                                          compliance and
                                              structured needs
                                                                           expectations.
                                                   analysis.

44   Issue No.3 Quarter 2, Mar - Jun 2020                                                                              www.ada.ae
STRATEGIC SAFETY PLAN

6. ASAP CRITERIA 2020 - 2022                       ASAP PRIORITIES             KEY ACTIONS

01   Safety Leadership and Ownership.

     1a. Safety Policy and SMS is upheld
         by Top Management.
     1b. Process Owners implement Safety               Risk-based approach to
         Policy and SMS processes within               decision-making and change               02
         their areas.
                                                       2a. Implement a rigorous process of
                                                           proactive and reactive risk
                                                           management.
03   Data-driven Safety Management.                    2b. Risk assessments serve as a
                                                           prioritization and decision-making
                                                           tool.
     3a. Enhance data monitoring using
         various methods and tools (safety
         reporting, FDM, HUMS, etc.)                   Safety intelligence(SI) Through
     3b. Relevant data is used for planning
         and identification of control measures.
                                                       performance monitoring.                  04
                                                       4a. Ongoing review and monitoring of
                                                           safety performance indicators.
     Safety Assurance to verify effectiveness,
                                                       4b. Allocation of adequate resources
05   compliance and expectations.                          on critical areas matching growth,
                                                           operational needs and risks
     5a. Implement a holistic assurance                    involved.
          process to highlight and identify
          safety “hot spots”.                          Training and competency through
     5b. Design and build on existing mechanisms       structured needs analysis.               07
         to ensure standardization, consistency
         and compliance.                               6a. Training programs are based on
                                                            TNA to include regulatory,
     Consultative problem-solving                          operational and developmental
                                                            needs.
07   and interface with stakeholders.
                                                       6b. Deploy effectiveness review process
                                                            to identify areas for improvement
     7a. Periodic staff communication and
                                                           (AFIs) in training.
         consultation to collectively resolve
         safety issues.                                Ongoing safety awareness
     7b. Enhance cooperation and communication         and promotion.                           08
         with customers, regulators and relevant
         stakeholders.                                 8a. Improve safety communication and
                                                           sharing of lessons-learned.
     Intergration of new technologies, concepts,       8b. Define interface points between
09   processes and industry best practices.                ADA and stakeholders for safety
                                                           integration across all interfaces.
     9a. Continual assessment of current
         and/or new technologies and
         processes (including emerging issues)        Result-oriented safety planning
         to enhance process safety.                   and reporting.                            10
     9b. Seek to achieve alignment, minimize
         duplication and optimize cost.               10a. Setting of annual SPIs, objectives,
                                                           expectations and targets with
                                                           Process Owners.
                                                      10b. Implement internal and external
                                                           comparative analysis based on
                                                           relevant industry benchmarks.

www.ada.ae                                                      Issue No.3 Quarter 2, Mar - Jun 2020   45
HR AWARENESS

     PREVENTION GUIDE FOR
     ABU DHABI AVIATION
     EMPLOYEES FROM COVID 19

                                            To enhance the precautionary efforts
                                            and preventive measures taken
                                            against the novel Corona Virus
                                            (Covid-19), we ensure the highest
                                            levels of protection for Abu Dhabi
                                            Aviation employees whose jobs
                                            require daily attendance at the
                                            workplace.

                                            Kindly review the mandatory safety
                                            measures to avoid infection to ensure
                                            full functioning at work.

46   Issue No.3 Quarter 2, Mar - Jun 2020                               www.ada.ae
HR AWARENESS

                                                WHEN USING YOUR OWN CAR TO GO TO WORK:
                                                 • Ensure that the door handle and the car steering are
                                                   sterilized periodically.
                                                 • Carry an alcohol sterilizer all the time.
                                                 • Wear protective gloves, sleeves, and closed shoes.
                                                 • Use a credit card instead of cash and sterilize it after use.

                                                WHEN USING PUBLIC TRANSPORTATION TO GO
                                                TO WORK:
                                                 • Wear protective gloves, sleeves, and closed shoes.
                                                 • Carry an alcohol sterilizer all the time.
                                                 • Ensure that the means of transportation are not crowded.
                                                 • Leave enough safety distance between you and the rest of
                                                   the passengers.

                                                TO ENSURE THE HIGHEST LEVELS OF SAFETY AND
                                                PREVENTION IN THE WORKPLACE:
                                                 • Dispose of gloves and masks and throw them in the place
                                                   designated for that.
                                                 • Wash hands with soap and water every hour.
                                                 • Maintain a distance of two meters between you and your
                                                   co-workers.
                                                 • Avoid closed meetings that require physical attendance and
                                                   use technical means for this.
                                                 • Not be in contact with co-workers during the lunch break
                                                   and in smoking places, and remember that quitting smoking
                                                   strengthens the immune system.
                                                 • Perform prayer alone and on your own carpet.

                 After work hours are over, head home
                immediately, wash hands with soap and
               water, shower and change clothes.

             Your commitment to applying these health
           safety standards would reduce the risk of
          infection and infecting your family and
        colleagues. It would also support the efforts
       of the competent authorities to completely
      get rid of this new epidemic.

   Your health and well being is a priority.

www.ada.ae                                                                          Issue No.3 Quarter 2, Mar - Jun 2020   47
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