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Dubai Aerospace Acting CEO George Mushahwar Leaves Company

February 15, 2012, 8:38 AM EST

By Shaji Mathew

Feb. 15 (Bloomberg) -- Dubai Aerospace Enterprise Ltd., which canceled orders for Airbus SAS and Boeing Co. planes last year said its acting Chief Executive Officer George Mushahwar lef the company.

Dubai Aerospace’s core management team, led by the chief operating officer, remains intact and committed to enhancing shareholder value, the company said in an e-mailed statement today. Mushahwar left to start an independent business venture, it said.

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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