The new agreement reaffirms the confidence in the aerospace sector in Abu Dhabi
Sanad recently announced a new AED 1bn (US$ 273mn) deal with Pratt & Whitney and International Aero Engines (IAE).
The new agreement will see Sanad Aerotech providing IAE with expanded MRO services for its V2500 engines, which powers the Airbus A320 family of aircraft.
This agreement expands the cooperation between Sanad and IAE in the field of maintenance, repair and overhaul (MRO) of aircraft engines. Under the agreement IAE, the manufacturer of V2500 engines, will offload V2500 engines for MRO services to Sanad’s advanced facility in Abu Dhabi Airports Free Zone.
“This agreement is another testament on Abu Dhabi’s established position as a reliable global centre for the aerospace industry and its state-of-the-art engineering services,” affirmed Mansoor Janahi, Deputy Group CEO, Sanad.
“The relationship between Pratt & Whitney, IAE and Sanad is strong and we look forward to continuing to strengthen it for years to come,” remarked Dave Emmerling, Vice President, Commercial Aftermarket, Pratt & Whitney.
Sanad is a leading provider of aerospace engineering and leasing solutions for customers around the world, providing its services to more than 300 V2500 engines since 2012 with year-on-year growth of over 19 per cent.
Sanad is a trusted partner of original engine manufacturers (OEMs) such as Rolls-Royce, GE Aviation, and Pratt & Whitney. These relationships have enabled it to provide competitive MRO services for various aircraft engines, a press statement concluded.