• Deal is valued at AED 500,000,000 (Five Hundred Million) over the terms of the contract 

Abu Dhabi, UAE: Sanad Aerotech (Sanad), a wholly owned subsidiary of Mubadala Investment Company PJSC (Mubadala) and a leading engine Maintenance, Repair and Overhaul (MRO) solutions provider, has signed a landmark agreement with GE Aviation (GE) to provide maintenance services to GE for the next-generation of narrow body and wide body aircraft. Under this agreement, the Abu Dhabi based company will provide performance restoration overhaul services on the GEnx-1B engine as well as continued time (quick turn) overhauls on CFM International’s LEAP engines for GE.

Effective 1 January 2020, Sanad will expand its existing maintenance and repair services to include full overhaul on 315 GEnx engines until 2035, and quick turn on 237 LEAP engines until 2030 at its Abu Dhabi shop.

Mansoor Janahi, Sanad Aerotech CEO said: “This significant new agreement is a testament to the trust that Sanad has earned as a preferred global provider of engine MRO solutions to the world’s largest engine manufacturers. Our partnership with GE elevates Abu Dhabi’s standing as a strategic and reliable hub for MRO solutions and supports the emirate’s vision to build a sustainable knowledge and innovation economy. Sanad’s long-term agreement with GE empowers us to attract outstanding UAE national talent to lead the development of this strategic growth sector."

The LEAP engine, which powers Boeing, Airbus aircraft and Comac C919 boasts a 18,000-plus worldwide order book, making it the world’s most in-demand commercial airplane engine.

"Sanad's partner expansion strategy with the industry’s largest engine manufacturers has proven successful and, consequently, more international airlines are being provided with advanced technical MRO services in Abu Dhabi than ever before,” added Janahi.

Alan Kelly, GE Aviation CFM Services General Manager said: “Sanad has established itself as a leading MRO provider in the region. This agreement will enable GE to further expand its GEnx MRO network and increase the quick turn capabilities for CFM International’s LEAP engines in the region. We look forward to working together to provide our engine customers with outstanding MRO support.”

Sanad has been maintaining GEnx engines since 2013 and was the first GEnx MRO center in the Middle East North Africa region.

-Ends-

For further information, please contact:
Wietske van Marle and Mohamed Zaki
sanad@actionprgroup.com 
+971 4 390 2960

About Sanad Capital

Sanad Aerotech, a leading Maintenance Repair and Overhaul (MRO) provider for aircraft engines, is part of Sanad – a wholly owned subsidiary of Abu Dhabi-based Mubadala Investment Company.

Sanad Aerotech delivers industry-leading aircraft engine MRO expertise and a variety of engine maintenance services for multiple engine platforms to the world’s leading OEMs, including Rolls Royce, GE and International Aero Engines (IAE).

With a global customer base which includes airlines such as LATAM and Asiana among others, Sanad Aerotech is the world’s only independent MRO facility serving the Rolls Royce Trent 700 engine. Its facilities is also one of the most sophisticated independent and OEM-approved for the GEnx product line, in addition to IAE for the V2500 engine platform.

With a customer-driven ethos derived from a brand name, which means support in Arabic, Sanad Aerotech provides quick turnaround with reliable maintenance of engines at competitive prices from of its state-of-the-art facilities in Abu Dhabi.

Having led the way in engineering excellence and innovation for more than three decades, Sanad Aerotech’s customer-first future strategy is reliant on embracing 4th Industrial Revolution tools and technologies, investing in training programmes and nurturing its workforce.

To learn more about Sanad Aerotech or Mubadala, please visit www.sanad.ae 

© Press Release 2019

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