Sanad Aerotech, a wholly owned subsidiary of Mubadala Investment Company PJSC (Mubadala) and a maintenance, repair and overhaul (MRO) service provider for aero engines and industrial gas turbines, is expanding its network of international customers. The Abu Dhabi-based business has announced maintenance agreements Russian Nordwind and Bulgarian BH Air, two leading Eastern European operators.
The partnership agreements come after Sanad Aerotech (formerly TS&S) and Rolls-Royce announced a $6.5bn engine maintenance agreement including component repair to operators globally over a nine-year period and signify Sanad Aerotech’s collaboration with operators in Eastern Europe for the first time.
Nordwind is Russia’s 8th largest operator, flying scheduled and chartered flight to 85 destinations across Europe, Middle East, Africa and Latin America. Sanad Aerotech will overhaul up to 14 IAE V2500 engines from now until 2022 – and is the Abu Dhabi-MRO’s first and only such agreement for V2500 engines with a Russian operator.
The Bulgarian charter airline BH Air primarily operates flights between northern and western Europe and Bulgaria. Sanad Aerotech will overhaul five IAE V2500 engines for the operator throughout 2019.
“We’re thrilled to increase our global footprint into the Eastern European region, expanding our work with leading operators with solid growth projections,” says Mansoor Janahi, Sanad Aerotech CEO. “These deals represent confidence in our quality, reliability and globally competitive services that we offer from Abu Dhabi.”
Sanad Aerotech has reported year on year growth of more than 20 percent. The V2500 engine on the popular Airbus A320 aircraft has sold 7,000 engines worldwide.
The company has reported strong growth during the past five years, doubling its operations three times and providing services directly to over 10 international customers as well as supporting IAE in its delivery of long-term engine maintenance contracts.
The company’s new identity also marks an important milestone in the company’s development, building on three decades of experience in the aviation industry and positioning it for the future with a focus on engineering excellence underpinned by industry-leading reliability, innovation and technology.