Abu Dhabi, UAE
Etihad Airways, the national airline of the United Arab Emirates (UAE), has extended its relationship with Sanad Aero Solutions GmbH (Sanad), with a 10-year agreement for the sale and lease back of some of the airline’s key component spares.
Abu Dhabi, UAE
Sanad Aero Solutions GMBH (Sanad), Mubadala Aerospace’s spare engine and component financing and leasing solutions company, has expanded its long-term engine leasing relationship with airberlin, with the addition of three new CFM-56 engines under a sale and lease back agreement to its existing portfolio of eleven spare engines. The new agreement will further increase airberlin’s operational efficiencies in conjunction with the Maintenance Repair and Overhaul (MRO) services provided by Mubadala Aerospace’s Global MRO Network.
Abu Dhabi, UAE
Growing $300 million Global Spares platform to allow Sanad and NBAD-owned ADNL to expand financing support to global airline customers.
Estimated size of airline spare engines and components market to grow by $20 billion in next 20 years.
Abu Dhabi, UAE
Sanad Aero Solutions (Sanad), Mubadala Aerospace’s component and engine financing solutions group, has partnered with Abu Dhabi National Leasing (ADNL), a wholly-owned asset-based lease finance arm of the National Bank of Abu Dhabi (NBAD), to provide up to US$ 169 Million (AED 620.7 Million) in lease financing to Etihad Airways for spare engine sale and lease-back transaction.