Mubadala’s Sanad Extends Partnership with Asiana Airlines

Sanad, a global aerospace engineering and leasing solutions provider under Abu Dhabi’s Mubadala Investment Company (Mubadala), has strengthened its collaboration with Asiana Airlines, South Korea’s second-largest airline, through a five-year contract extension valued at USD 145 million (AED532 million). This reaffirms Sanad’s industry leadership and dedication to delivering top-tier Maintenance, Repair, and Overhaul (MRO) services for V2500 engines. 

The announcement of this agreement took place at the esteemed MRO Americas event in Chicago, a premier gathering in the aerospace industry, drawing over 16,000 industry professionals. 

Under the renewed contract, Sanad will continue servicing Asiana Airlines’ V2500 engine fleet utilizing its advanced facilities in Abu Dhabi. With Asiana Airlines operating a fleet exceeding 80 aircraft and offering extensive domestic and international passenger and cargo services across 80 global destinations, the partnership further solidifies Sanad’s position as the exclusive MRO provider for Asiana Airlines in the Middle East and North Africa (MENA) region. This extension underscores Sanad’s status as a global leader in independent MRO services and prolongs the existing partnership with Asiana Airlines for another five years. 

The V2500 engine, manufactured by International Aero Engines, has been pivotal in the aviation sector since 1989, powering over 7,600 Airbus A320 and A321ceo aircraft worldwide. Known for their reliability, efficiency, and performance, these engines serve approximately 150 operators across 80 countries. 

 Mansoor Janahi, Managing Director and Group CEO of Sanad, said: “Sanad’s unique standing as the sole V2500 full overhaul MRO center in the Middle East has been pivotal in supporting V2500 customers worldwide since 2012. With over 250 inductions in the past 5 years, we demonstrate our profound expertise in the aviation MRO sector. This collaboration reaffirms our unwavering commitment to excellence within the aerospace industry, positioning Abu Dhabi as an innovative and leading hub for aviation solutions and solidifying its reputation as a premier destination for cutting-edge aviation services to top global airline.” 
Baha Salama, General Manager of MRO at Sanad, said: “The renewal of our partnership with Asiana Airlines reflects our dedication and commitment, extending our collaboration for another five years. Our relentless drive for excellence is delivering innovative and technical solutions, aligning with Abu Dhabi’s vision of supporting the global aviation sector with top-tier talent, technology, and expertise, which further solidifies its position as a global aviation hub. We are excited to continue our collaboration with Asiana Airlines and contribute to their sustained operational success.” 
Hoon Bae, Principal General Manager Purchasing of Asiana Airlines, added: “We have selected Sanad as our V2500 MRO service provider for another five years because we are convinced it is qualified to satisfy our requirement to support our A320 and A321ceo fleet. We are committed to providing the best customer service possible with Sanad’s strong support.” 
With a rich history of over 35 years in aviation MRO, Sanad has serviced over 600 V2500 engines since 2012. Serving a diverse client base exceeding 30 airlines and 10 strategic partners spanning the Middle East, Europe, Africa, the Americas, and Asia, the company’s expertise is widely recognized. 

Bart Kamya (pictured) is the Group General Counsel of Sanad and has overall responsibility for managing all legal affairs of the Group.