Mubadala Sets Up Engine Financing Firm
Share
8 February 2010
Mubadala Aerospace has set up a new firm, Sanad Aero Solutions, to provide engine financing support to airlines and original equipment manufacturers (OEM).
With spend on aircraft maintenance to grow at $40bn a year, Mubadala plans to capture a larger share of the maintenance, repairs and overhaul (MRO) market, according to Channel NewsAsia.
Sanad Aero Solutions will be the first to provide component and engine financing in the Middle East.
The firm will provide $100m in engine financing to Air Berlin that covers 12 spare engines and maintenance work for the most of its fleet for ten years.
Abu Dhabi: The International Defence Conference 2021, started in Abu Dhabi on Saturday February 20.
The conference was held for the first time in a hybrid format, with attendees being welcomed virtually and in-person. The conference, held at the ADNOC Business Center, brought together over 24 experts and specialists in the defence sector, with over 2,400 delegates from 80 nations joining the conference.
Held under the theme of ‘The Prosperity and Development of Artificial Intelligence and Advanced Technology and the Protection in the Era of the 4IR’, the conference is organised by the Abu Dhabi National Exhibitions Company (ADNEC) and the Tawazun Economic Council (Tawazun), in cooperation with the Ministry of Defense and the General Command of the UAE Armed Forces.
Update: International Defence Conference 2021 Opens In Abu Dhabi With Over 2,400 Delegates From 80 Countries Joining In-person And Digitally Sat 20th February 2021 | 08:45 PM
ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 20th Feb, 2021) Under the patronage of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, the International Defence Conference 2021, started today, Saturday 20 February. The conference was held for the first time in a hybrid format, with attendees being welcomed virtually and in-person. The conference, held at the ADNOC Business Center, brought together over 24 experts and specialists in the defence sector, with over 2,400 delegates from 80 nations joining the conference.
UAE can play major role in global defence sector
ABU DHABI, February 20, 2021 The International Defence Conference 2021, opened in Abu Dhabi on Saturday (February 20) highlighting UAE s role in advancing global defence industries and its continued support ot advanced technology. Organised under the patronage of HH Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, the conference was held for the first time in a hybrid format virtually and in-person. The conference, held at the Adnoc Business Center, brought together over 24 experts and specialists in the defence sector, with over 2,400 delegates from 80 nations joining the conference. Held under the theme of ‘The Prosperity and Development of Artificial Intelligence and Advanced Technology and the Protection in the Era of the 4IR’, the conference is organised by the Abu Dhabi National Exhibitions Company (Adnec) and the Tawazun Economic Council, in cooperation with the Ministry of Defense and t
Dubai Airshow to be landmark event in 2021 for aviation industry December 23, 2020
The Dubai Airshow is set to return for its 17th edition on Nov. 14-18, 2021.
The Dubai Airshow is set to return for its 17th edition on Nov. 14-18, 2021.
DUBAI, United Arab Emirates To be held under the aegis of Sheikh Mohammed Bin Rashid Al Maktoum, vice president, prime minister of the UAE, ruler of Dubai and UAE Minister of Defense the Dubai Airshow is set to return for its 17th edition on Nov. 14-18, 2021.
One of the most successful air shows in the world, the event will be held with the support of the Dubai Civil Aviation Authority, Dubai Airports, the UAE Ministry of Defense and Dubai Aviation Engineering Projects and organised by Tarsus F& E Middle East. The event will be the only Airshow of its kind to take place in a live format, highlighting Dubai’s leading response to the COVID-19 pandemic and the world-class safety measures implemente