Le Lézard
Classified in: Tourism and vacations, Transportation

Aerospace Technical Services (ATS) Clarifies Company Structure and Ownership


DUBAI, UAE, Dec. 2, 2024 /PRNewswire/ -- Aerospace Technical Services ("ATS") issued a statement to clarify its company structure and ownership while reiterating its commitment to compliance, transparency, and strategic expansion.

ATS, a leading global distributor of aviation parts and provider of aviation maintenance, repair, and overhaul (MRO) solutions, operates its headquarters and core facilities in the United Arab Emirates and Jordan. ATS is owned and operated by Mahdi Al-Tahaineh.

The company recently reaffirmed its dedication to maintaining the highest standards of compliance and transparency. ATS has implemented rigorous compliance processes to ensure adherence to all applicable regulations. This includes comprehensive internal audits, strict due diligence for transactions and partnerships, and ongoing monitoring to meet requirements set by OFAC and other regulatory bodies.

As part of the company's commitment to compliance and financial transparency, ATS undertook a comprehensive review and officially adopted a newly revised Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) Policy. In addition, the company adheres to the latest U.S. and E.U. sanctions guidance and regulations. This strategic initiative underscores the company's dedication to upholding international standards and promoting financial transparency within the aviation industry.

Additionally, Aerospace Technical Services (ATS) clarified that it is not affiliated with the company named "ATS Heavy Equipment," which is wholly owned and operated by Muhammad Ishaq Abdul Kareem. The two entities have no personal or business connection.

For more information on ATS and its recent compliance and transparency initiatives, visit www.airats.com/compliance.html.

About Aerospace Technical Services (ATS)
Founded in 2003 with operations in Jordan and a branch office in the UAE, Aerospace Technical Services is a leader in aviation maintenance and repair services. Recognized globally for delivering high-quality solutions, ATS supports airlines, cargo operators, and fleet managers with excellence and innovation.

www.airats.com

 

SOURCE Aerospace Technical Services Co.


These press releases may also interest you

at 13:45
InventHelp Inventor Develops Electronic License and Registration Product (BKC-290)
"I wanted to create an electronic way for police to scan for a driver's license and registration information if pulled over," said an inventor, from Brockton, Mass., "so I invented the SCAN DETECT. My design eliminates the need for the driver to...

at 13:02
Basin Upfitting Partners with HELLTRAXX Snow Tracks to Revolutionize Utility Truck Performance
Basin Upfitting, a leader in commercial vehicle upfitting, is proud to announce its partnership with HELLTRAXX Snow...

at 12:20
Nova Bus Awarded a Contract for a Supply of 80 LFSe+ Electrical Buses to the Regional Municipality of York
Nova Bus, a Canadian leader in electric bus manufacturing and a member of Volvo Group, is pleased to announce that it has been awarded a contract for the production of 80 fully electric LFSe+ urban buses for The Regional Municipality of York....

at 12:01
ATA Truck Tonnage Index Contracted 1.1% in December
Trucking activity in the United States contracted in December, according to the American Trucking Associations' advanced seasonally adjusted For-Hire Truck Tonnage Index, the second decrease in as many months....

at 11:45
EMOTO Supply Co. Partners with Dak Prescott to Gift Custom Electric Mopeds to the Entire Cowboys Roster
Dallas Cowboys quarterback Dak Prescott has redefined team gifting with an unexpected act of generosity. He presented over 80 customized CAKE electric mopeds to his teammates. This remarkable gesture was made possible through a partnership with EMOTO...

at 11:35
CSL Earns Fourth Consecutive Recognition as Top Employer for Young People
The CSL Group ("CSL"), a global leader in responsible marine transportation, is proud to be named one of Canada's Top Employers for Young People for the fourth consecutive year. This recognition highlights CSL's ongoing dedication to providing a...

More news about Transportation...


News published on and distributed by: