Sanad Aero Solutions (Sanad), a wholly-owned subsidiary of Mubadala Development Company, has announced that its spare engine and component leasing portfolio has reached $1 billion worth of assets, just five years since its inception.
Sanad Aero Solutions (Sanad), the engines and components financing and leasing solutions company of Mubadala Aerospace, has inked a deal to expand its relationship with Abu Dhabi National Leasing (ADNL), a lease financing arm of National Bank of
Sanad Aero Solutions (Sanad), Mubadala Aerospace’s component and engine financing solutions company, has announced that since its launch in early 2010, it has contracted over $300 million in long-term engine and component access transactions.
A unit of Abu Dhabi government-owned Mubadala Development Company has launched a new company to provide component and engine financing to the aerospace sector, it said on Wednesday.
The new venture, Sanad Aero Solutions (Sanad), has alread