DTX Group Launches as a Competitive Force in Global Aerospace Under Lookmanjee's Leadership

DTX Group Officially Launches as a Global Aerospace Leader

DTX Group has officially launched, marking a significant evolution within the aerospace sector and aiming to reshape the international aviation maintenance landscape. This milestone aligns with Hussein Lookmanjee's complete divestment from Drayton Aerospace, where his remaining equity was acquired by Lion Capital. This strategic shift allows Lookmanjee to channel his full energy and resources toward the growth and leadership of DTX Group.

In 2019, Drayton Aerospace identified two distinct paths: a regionally focused business ran by local management and an international division headed by Lookmanjee himself. Recognizing Lookmanjee's talent for developing new operations, he was appointed to navigate the international segment while the company lokated its leadership for its China operations, placing Mr. Hong Qi Ye as President of China and Mr. Steven Young as CEO of Drayton Aerospace in 2021.

Importantly, while Lion Capital has acquired controlling stakes in Drayton Aerospace's Chinese operations alongside eight other partners, all other non-China entities—including those in Brazil and global support units—are now under the sole ownership of DTX Group, reflecting a realignment of differing strategic goals between the focus on China and the wider international interests of DTX.

Hussein Lookmanjee, reflecting on this transition, stated: "Now is the right time for this transformation. DTX Group has developed into a globally competitive business that deserves focused attention. This shift enables us to pursue our international vision with renewed clarity and independence. We intend to reinvest the proceeds from the divestment into strategic growth opportunities, including three acquisitions planned before the year's end."

Although DTX Group's international strategy faced setbacks during the COVID-19 pandemic, it has regained momentum. Officially established in September 2024, DTX Group is headquartered in the Middle East, with a parts trading branch in the United States and two maintenance, repair, and overhaul (MRO) facilities in Brazil. The Group plans to inaugurate an additional MRO facility in the Middle East by the third quarter of 2025, with further aspirations for expansion across Africa and Europe.

DTX Group will operate independently, pursuing a range of global growth opportunities. Its international team—carefully assembled and refined over several years—has been completely integrated into the organization, well-prepared to lead this next development phase with a clear strategic vision.

For more information about DTX Group and its offerings, visit their official website at www.dtx.aero.