Sanad Launches Asset Management

DUBAI—Abu Dhabi-based aerospace engineering company Sanad launched its new asset management strategy at the Dubai Airshow.

 

The company, owned by Abu Dhabi’s sovereign investor Mubadala, has established Sanad Asset Management as a platform integrating engine leasing, parts trading and lifecycle support solutions. It aims to strengthen collaboration across the aviation sector by expanding partnerships with MRO providers and operators, parts traders and aircraft lessors.

 

Backed by an investment exceeding $100 million, the strategy underlines Sanad’s commitment to building an aviation asset management network and expanding its role in the high-growth global aviation aftermarket.

 

Industry forecasts indicate that the global engine aftermarket segment will grow by roughly 4% to 6% annually over the next decade.

 

Sanad got its new strategy under way through several acquisitions of Rolls-Royce Trent 700 and IAE V2500 engines. With approximately 1,600 Trent 700s and more than 5,000 V2500s in service, demand for reliable engine parts and lifecycle support continues to rise.

 

Sanad acquired four Trent 700s from Etihad Airways that will be inducted for maintenance at its Abu Dhabi facility, along with another Trent 700 from RRPF.

 

Sanad has also expanded its V2500 portfolio with two V2500-A5s from Fortress Transportation & Infrastructure Investors and Magellan Aviation Group.