11/18/2023 | Press release | Distributed by Public on 11/18/2023 05:07
• Strategic Collaboration: Supporting Sanad's strategy to expand its MRO services, capabilities, and global footprint. • Accelerating Growth in a Dynamic African & Middle East Market: Reflecting the rapid expansion of the African & Middle Eastern engine MRO market and its substantial potential. • Transformative Aerospace Partnership: Redefining the global aerospace landscape by delivering enhanced Engines MRO services, marking a pivotal step in industry transformation. Dubai, UAE - November 17, 2023: EGYPTAIR MAINTENANCE & ENGINEERING, an EGYPTAIR HODLDING Co. subsidiary, and leading provider of maintenance, repair and overhaul (MRO) services for commercial aircraft, engines and components in the Middle East and Africa since 1932, and Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi's Mubadala Investment Company PJSC (Mubadala), have inked a transformative Memorandum of Understanding (MoU) set to bolster MRO services for a diverse range of commercial aircraft engines and components in Cairo, while also extending its positive impact to the broader and rapidly expanding African and Middle Eastern markets. The MoU was formally sealed at the Dubai Airshow 2023 by Eng. Yehia Zakaria, Chairman & CEO of EGYPTAIR HOLDING Co., and Mansoor Janahi, Managing Director and Group CEO of Sanad This strategic partnership underscores Sanad's unwavering commitment to advancing its MRO services and capabilities worldwide, in line with its objective to enhance its global footprint.