Sanad At-A-Glance

About Sanad

Sanad Group (Sanad) is a global aerospace engineering and leasing solutions leader wholly owned by Mubadala Investment Company PJSC (Mubadala). With over 35 years of expertise, Sanad has established a proven track record of delivering world-class integrated maintenance, repair and overhaul (MRO) services and financing solutions to optimize engine performance and reliability.

Renowned for being a trusted partner, Sanad serves a diverse and expanding customer base that includes leading original equipment manufacturers (OEMs) and commercial airlines worldwide. Our commitment lies in supporting our customers and partners precisely when and where they need it most, offering specialized technical capabilities and financing solutions leveraging the latest cutting-edge technologies.

Strategically headquartered in Abu Dhabi, Sanad not only serves as a vital hub in the aerospace sector but also plays a pivotal role in bolstering Abu Dhabi’s status as a leading global aviation hub. Our dedication to delivering tailored technical capabilities and innovative financing solutions is driven by our expertise in harnessing the advanced technologies of the Fourth Industrial Revolution. This approach, combined with our standing as an independent MRO powerhouse, ensures that we consistently deliver superior services that underscore our commitment to optimizing engine performance and reliability.

Sanad, Powered by Evolution.

Sanad Timeline

1987 Gulf Aircraft Maintenance Company (GAMCO) is founded
1994GAMCO obtains full JAR 145 approval
2005 Development of B777, A340 and PT6-A/T capabilities
2007 GAMCO is acquired by Mubadala Investment Company and rebranded as Abu Dhabi Aircraft Technologies (ADAT)
2010 ADAT and IAE sign agreement for repair overhaul and offload for V2500-A5
2010 Sanad Aero Solutions (Sanad) is founded and signs its first long term Engine Sale and Leaseback deal
2011 Sanad enters into an Integrated Components Solution (ICS) financing and access agreement with Virgin Australia and SR Technics in support of the carrier’s A330, Boeing 737NG, and Embraer E-Jet fleets

2012 Sanad partners with Abu Dhabi National Leasing, the wholly-owned asset-based lease finance arm of National Bank of Abu Dhabi (NBAD), known today as First Abu Dhabi Bank (FAB), in its first third party debt financing deal
2012 ADAT receives FAA approval for V2500-A5, signs first V2500 IES deal and completes first overhaul of V2500
2013 ADAT develops GEnx and Trent 700 capabilities to support
2015 TS&S Aerospace separates from ADAT (Etihad Engineering) and merges with TS&S EASA, GCAA and FAA approvals for TS&S Aerospace
2015 Sanad’s spare engine and aircraft components portfolio surpasses USD 1bn in assets
2016 TS&S Aerospace inducts 100th V2500 engine, and becomes first independent MRO to overhaul Rolls-Royce Trent 700 engine
2016 Sanad signs its largest deal to date with Etihad Airways valued at USD 265 million for the long term financing of 12 spare engines
2017 TS&S Aerospace increases capacity for GEnx engines by 100%
2019 Sanad is launched — an industry champion for the aviation industry

Leadership

Board of Directors

Executives

Our Shareholder

About Mubadala

Mubadala is a global investment company with a mandate to create sustainable financial returns for Abu Dhabi.

As a sovereign investor with an entrepreneurial mindset, Mubadala creates value by leveraging its shareholder, its talent, its portfolio diversity, and its global presence and partnerships in more than 50 countries whilst adhering to its values and aspiring to world-class standards of corporate governance.

With a USD 284bn portfolio that sits across all asset classes, Mubadala is a responsible investor that inspires its businesses to make a positive lasting impact on the communities where they operate.

Mubadala is a growing global investor that now has offices in Rio de Janeiro, Moscow, New York and San Francisco, with a joint venture in Hong Kong.

www.mubadala.com