Move represents a legacy of partnership and global aviation growth
Sanad, the global aerospace engineering and leasing solutions leader, wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company (Mubadala), recently announced the sale of 16 aircraft engines to Etihad Airways (EY), the national carrier of the United Arab Emirates, a landmark agreement valued at approximately AED 1.5bn.
This transaction, between two of Abu Dhabi’s foremost aviation players, underscores the emirate’s position as a global aviation hub and supports the continued expansion of Etihad Airways and the strength of the Abu Dhabi aviation ecosystem.
Aviation ecosystem
“Our collaboration with Etihad Airways reflects the remarkable growth the airline is experiencing, and we are proud to be supporting the airline’s ambitious 2030 journey. Together, we are strengthening the synergies within Abu Dhabi’s thriving aviation ecosystem,” remarked Mansoor Janahi, Managing Director and Group CEO, Sanad.
“This transaction is also a reminder of the strong synergy between Sanad and Etihad Airways spanning two decades,” commented Antonoaldo Neves, CEO, Etihad Airways.
Collaboration
This long-standing partnership has played a pivotal role in enabling Sanad to become the leading and largest independent engine maintenance provider in the MENA region, serving over 30 global airline customers and all major engine manufacturers.
This latest approximately AED 1.5bn engine sale reflects Sanad’s ability to navigate the competitive landscape while providing strategic value to its partners.
