news

DTX Group Debuts as Global Force, Powered by Strategic Vision and Independence Under Hussein Lookmanjee's Leadership

Jun 2, 2025 · Source: cision
DTX Group Debuts as Global Force, Powered by Strategic Vision and Independence Under Hussein Lookmanjee's Leadership

Backed by years of preparation and a clear global strategy, DTX Group launches to capitalize on emerging market opportunities and reshape the international aviation maintenance landscape.

DUBAI, UAE, June 2, 2025 -- DTX Group proudly announces its official launch, marking a strategic evolution in the global aerospace sector. This milestone coincides with Hussein Lookmanjee's full divestment from Drayton Aerospace, with his remaining equity acquired by Lion Capital. This move enables Lookmanjee to fully commit his efforts and resources to the international growth and leadership of DTX Group.

DTX Group logo

In 2019, Drayton Aerospace defined two parallel strategic paths: a regional focused business led by local management, and an international division under the leadership of Hussein Lookmanjee. Recognizing Lookmanjee's strengths in launching greenfield operations, the board tasked him with leading international operations, while localizing leadership of its China operations by appointing Mr. Hong Qi Ye as the China President, in 2020 and later in 2021, Mr. Steven Young as CEO of Drayton Aerospace.

Importantly, while Lion Capital has assumed the controlling interest of Drayton Aerospace's China-based operations; along with eight other Chinese partners, all non-China Drayton entities—including the Brazil-based MRO companies and global support units—are now part of the DTX Group and remain under the sole ownership of Hussein Lookmanjee. This structural realignment reflects the differing strategic priorities between the China-focused shareholders and the internationally driven DTX team.

Over the last six years, Lookmanjee and his senior team have built a strong global platform—opening new maintenance facilities, launching a parts distribution business, and expanding into key markets such as South America and the Middle East. Under his leadership Drayton Aerospace has become a leading independent player in the civil, freight aviation MRO markets.

"Now is the right time for this transition," said Hussein Lookmanjee. "DTX Group has evolved into a globally competitive business that merits dedicated focus. This move enables us to pursue our original international vision with greater clarity and autonomy. We plan to fully invest the proceeds from the Drayton divestment into strategic growth opportunities, including three exciting acquisitions slated for completion before year's end."

Although DTX Group's international strategy experienced temporary delays during the COVID-19 pandemic, momentum has since resumed. Formally established in September 2024, DTX Group is headquartered in the Middle East, with its parts trading business operating in the United States and two MRO facilities located in Brazil. The Group is on track to launch a new MRO facility in the Middle East by Q3 2025. with additional expansion targeted across Africa and Europe.

DTX Group will now operate independently to pursue global growth opportunities. Its international team—assembled and refined over several years—has been fully integrated into the organization and is well-positioned to lead the next phase of development with a clear and focused strategic vision.

For more information, please visit:

www.dtx.aero

Logo - https://mma.prnewswire.com/media/2699160/DTX_Group_logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/dtx-group-debuts-as-global-force-powered-by-strategic-vision-and-independence-under-hussein-lookmanjees-leadership-302468902.html

Comments (0)

Login to join the conversation

Login / Register

No comments yet. Be the first to comment!

More to Read

Yili Group Drives Innovation and Collaboration for a Sustainable Global Dairy Ecosystem at the 2026 World Dairy Industry Conference
news
Aug 3, 2026 1 min

Yili Group Drives Innovation and Collaboration for a Sustainable Global Dairy Ecosystem at the 2026 World Dairy Industry Conference

HOHHOT, China , Aug. 3, 2026 -- The 2026 World Dairy Industry Conference officially commenced on August 1 in Hohhot, Inner Mongolia. Hosted by Yili Group, the Conference centered around the theme of Technology-driven, Partnership Oriented, Co-building a Sustainable Global Dairy Ecosystem . The prestigious event gathered leaders from international industry associations, distinguished academicians, and top executives from across the global dairy value chain. Hohhot Officially Crowned World Dairy Capital

Hisense Launches PX4 Pro, Bringing the Professional Cinema Experience Home
news
Aug 3, 2026 1 min

Hisense Launches PX4 Pro, Bringing the Professional Cinema Experience Home

QINGDAO, China , Aug. 3, 2026 -- Hisense, a leading brand in global consumer electronics and home appliances, today announced PX4 Pro, a new TriChroma Laser Cinema designed to make the big screen part of everyday life. With projection sizes from 80 to 200 inches, it brings immersive entertainment to movies, sports and gaming from daytime viewing to late-night play. At the heart of the experience is the ability to bring the scale and impact of the cinema into the home. With 3,500 ANSI lumens, PX4 Pro delivers bright, vivid images with the clarity and visual impact needed for a truly immersive big-screen experience.

Jungbunzlauer appoints Marcus von Twistern as EVP Operations
news
Aug 3, 2026 1 min

Jungbunzlauer appoints Marcus von Twistern as EVP Operations

BASEL, Switzerland , Aug. 3, 2026 -- Jungbunzlauer, a global leader in high-quality, sustainable ingredients from natural sources, today announced the appointment of Marcus von Twistern as Executive Vice President (EVP) Operations and member of the Executive Committee, effective 1 August 2026. Marcus von Twistern brings more than 25 years of international leadership experience in operations, production, and large-scale investment projects. He has held senior roles across multiple regions, including Germany, China, Italy, and the United States.

VisualCamp to Launch AI-Powered Literacy Assessment PoC in Indian Public Schools This September
news
Aug 3, 2026 1 min

VisualCamp to Launch AI-Powered Literacy Assessment PoC in Indian Public Schools This September

Three-month initiative in Haryana s Nuh district follows an official Letter of Intent from the state government. AI gaze-tracking technology in READ for School provides actionable, data-driven insights into student reading behaviors. SEOUL, South Korea , Aug. 3, 2026 -- VisualCamp, a global leader in AI-based eye-tracking technology, announced today that it will officially launch a three-month Proof of Concept (PoC) for its AI-powered literacy courseware, READ for School , starting this September in the Nuh district of Haryana, India. The initiative builds upon an official Letter of Intent (LOI) received from the Government of Haryana, marking a strategic milestone in the company s expansion into India s public education system.

182 Chandigarh University Animation & Multimedia Students Secure Jobs in Top Animation, VFX, Gaming, Digital Media & Filmmaking Studios
news
Aug 1, 2026 1 min

182 Chandigarh University Animation & Multimedia Students Secure Jobs in Top Animation, VFX, Gaming, Digital Media & Filmmaking Studios

120 Leading Companies Recruit Chandigarh University Students for Key Roles in Animation and Multimedia Industry CHANDIGARH, India , Aug. 1, 2026 -- Chandigarh: With the ever-rising demand for skilled professionals in animation, visual effects (VFX), gaming and digital content creation, Chandigarh University s 182 Animation and Multimedia students have secured jobs with prestigious companies, studios, advertising agencies, media houses and other organizations in the past three years.

NYSE Content Update: Reformation Scores Winning Session in NYSE Debut
news
Jul 31, 2026 1 min

NYSE Content Update: Reformation Scores Winning Session in NYSE Debut

NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK , July 31, 2026 -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today s NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on July 31st Shares of sustainable womenswear Reformation (NYSE: REF) closed fractionally higher on Thursday following its IPO on the NYSE. CEO Hali Borenstein will join NYSE Live to discuss the strategy of going public and what the firm has planned in 2026. Global X NYSE 100 ETF component Amazon is eyeing double-digit gains at the open following its Q2 earnings report. Announced quarterly revenue of 200.6 billion. AWS sales expanded by 37% year-over-year. CEO Andy Jassy says the company expects CapEx spending to reach 220 billion this year due to higher memory costs.

XCMG Outlines Three Pathways for Greener Mining at Boao Forum Perth 2026
news
Jul 31, 2026 1 min

XCMG Outlines Three Pathways for Greener Mining at Boao Forum Perth 2026

PERTH, Australia , July 31, 2026 -- XCMG Group highlighted sustained research and development, end-to-end digital transformation and deeper localization as three key pathways to advancing the sustainable transformation of the global mining industry at the Boao Forum for Asia Perth Conference held on July 27. Co-hosted by the Boao Forum for Asia and Fortescue, the conference was held under the theme The Next Phase of Green Industry Cooperation. It brought together about 200 representatives from government, industry, technology, finance and research institutions.

Afcons secures projects worth nearly ₹900 Cr in July
news
Jul 31, 2026 1 min

Afcons secures projects worth nearly ₹900 Cr in July

MUMBAI, India , July 31, 2026 -- In the month of July, Afcons Infrastructure Limited has further strengthened its presence in India s urban infrastructure sector with two project wins, together valued at nearly Rs 900 crore. About Afcons Infrastructure Ltd. Afcons Infrastructure Ltd is flagship infrastructure engineering and construction company of the Shapoorji Pallonji Group. It has a legacy of over six decades, with strong track record of executing numerous technologically complex EPC projects both within India and internationally. The company has a footprint in 31 countries across South Asia, Africa, Middle East, and CIS. As per the latest ENR survey, Afcons is ranked in Top 140 international Contractors globally; 12th in Bridges and 8th in Marine & Ports.