Mubadala-owned Sanad has secured a USD 145 mn contract extension with Asiana Airlines for five years to continue servicing its V2500 engine fleet in Abu Dhabi, according to a statement released on Thursday. Asiana has a fleet of 80 aircraft and operates both passenger and cargo services to 80 global destinations. Sanad has been the sole MRO provider for Asiana Airlines in MENA since 2018.
Sanad’s been busy: The outfit inked an agreement in June with engine makers Safran Aircraft Engines and GEO Aerospace to boost engine servicing operations. Sanad also kicked off the region’s first certified MRO center for servicing CFM International’s LEAP engines, which power Airbus A320neo and Boeing 737 MAX aircraft, in November. Last month, Sanad partnered with Deucalion Aviation to deliver MRO services for Rolls Royce Trent 700 aircraft engines.