logo
Sanad reports robust H1 2025 revenue of Dh3.2 billion as global orderbook surpasses Dh38 billion

Sanad reports robust H1 2025 revenue of Dh3.2 billion as global orderbook surpasses Dh38 billion

Al Etihad3 days ago
17 July 2025 19:16
ABU DHABI (ALETIHAD)Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi's sovereign investor Mubadala Investment Company PJSC (Mubadala), today announced strong financial and operational results for the first half of 2025, reinforcing its role as a strategic enabler of the UAE's aviation and industrial ambitions.Sanad recorded revenues of Dh 3.2 billion for H1 2025, marking a 39% increase over the same period last year, driven by continued momentum across its Maintenance, Repair, and Overhaul (MRO) and Asset Management divisions. Building on its Dh 4.92 billion achieved in 2024, Sanad is on track to achieve projected full-year revenues of Dh 5.4 billion in 2025. With 99% of H1 2025 revenues generated from international markets, Sanad is not only expanding its global footprint but also channeling international revenue streams into the UAE economy, reinforcing Abu Dhabi's position as a net exporter of advanced aerospace services and a rising force in the global aviation value chain.
Expanding Global Orderbook and Strategic Agreements The Group's global orderbook has reached an all-time high of Dh 38 billion, driven by long-term agreements with key partners and an expanding global footprint. Notable developments include Sanad's entry into the Pratt & Whitney GTF MRO Network as the first and only provider in the SAMENA region, as well as the expansion of MRO operations to Al Ain through its strategic partnership with AMMROC. New engine maintenance agreements were signed with leading global airliners such as Lion Air and Garuda Indonesia, while the Group strengthened its long-standing collaboration with CFM International to provide full overhaul services for LEAP-1A and LEAP-1B engines.The MRO division has successfully inducted 90 engines in the first half of 2025 and is on pace to complete 210 inductions by year-end, a 30% increase over 2024. This growth has been enabled by major infrastructure and tooling investments to expand capacity and meet rising global demand.
Investing in Infrastructure, Tooling, and expanded Capabilities As part of its long-term strategy to position Abu Dhabi as a global hub for engine MRO, Sanad is investing over Dh 150 million to expand and modernize its infrastructure, tooling, and facility capacity, laying the foundation for accelerated growth and enhanced service delivery worldwide:Upgraded engine test cell to enable full live testing of CFM LEAP engines, supporting both current and future customer requirementsCommenced phased rollout of full LEAP engine MRO capabilities, positioning Sanad among a select group of global MRO providers equipped to service this high-demand platformAdded new critical engine component repair capabilities for both LEAP and GEnx engines, marking a major milestone in expanding its advanced repair expertise and supporting faster turnaround times for airline customers.In parallel, Sanad expanded its Abu Dhabi headquarters by 3,600 sqm and commissioned a new 5,000 sqm MRO facility in Al Ain in partnership with AMMROC. These strategic investments significantly elevate Sanad's global competitiveness, technical capabilities and operational resilience, reinforcing its role as a catalyst for industrial innovation in the UAE and a trusted partner in the global aerospace value chain.
Asset Management and Leasing Milestones Sanad continued to advance its position as a global asset management leader in H1 2025, executing high-impact transactions that are redefining aftermarket capabilities and strengthening its role in the global aviation supply chain. The Group acquired a portfolio of Rolls-Royce Trent 700 engines from Etihad Airways, significantly expanding its global asset management portfolio. In parallel, Sanad completed a strategic parts portfolio sale to AerSale, enhancing its aftermarket support capabilities.In one of the most notable transactions in the aviation leasing sector, Sanad also finalized a landmark Dh 400 million engine and component sale with AerCap Materials, marking one of the largest asset sales of its kind to date.These strategic milestones reflect Sanad's agile, value-driven approach to asset management and underscore its growing influence in shaping the future of the global aviation aftermarket.
Workforce Growth and Emirati Talent Development Sanad's success is driven by its people and the ability to attract, retain, and develop high-caliber talent in an increasingly competitive global aerospace market. Amid global talent shortages, the Group continued to grow and invest in future-ready capabilities:The workforce grew by 15% year on year, reaching 621 employees, including 51 new hires this year
Emiratization rose to 34.6%, up from 28.3% in H1 2024 Delivered over 1384 training hours in H1 2025, focused on advanced MRO skills, safety, and leadership. In H1, Sanad signed an MoU with GE Aerospace to drive immersive training and knowledge exchange. In parallel, two Emirati engineers began a six-month exchange program at Rolls-Royce facilities in the UK, part of a strategic initiative announced last year during the Farnborough Airshow.Sanad's structured programs like the Sanad Technical Development Programs, Future Leaders Program, and OEM-certified trainings, are designed to cultivate a world-class aerospace talent pipeline.Amer Siddiqui, Group Chairman of Sanad, stated: "Sanad's strong performance in the first half of 2025 reflects strategic clarity, disciplined execution, and the continued trust of our global partners. What sets Sanad apart is its unwavering commitment to building future-ready capabilities—investing in people, technology, and global collaborations. Through knowledge exchange and advanced technical development, Sanad is helping shape a resilient, knowledge-based aerospace ecosystem that embodies the UAE's bold industrial vision. It stands as a powerful example of how UAE-born champions can deliver sustainable growth, global relevance, and lasting impact."Mansoor Janahi, Managing Director and Group CEO of Sanad, said: "Our performance in H1 2025 reflects the strength of our strategy, execution, and long-standing global partnerships. The expansion of our LEAP and GTF capabilities, the successful asset sale transactions, and our investments in infrastructure and talent all underscore Sanad's growing influence on the global aerospace stage. By embedding innovation into everything we do, whether through advanced MRO solutions or transformative talent development, we are not only meeting the evolving needs of our customers but also reinforcing Abu Dhabi's position as a global hub for aerospace excellence.'
Looking ahead With a strong H1 foundation, Sanad is poised to deliver continued growth in H2 2025. The Group will advance global partnerships, scale infrastructure, and drive innovation to support rising demand for advanced MRO and asset management services.
As Sanad continues to shape the future of aerospace, it remains committed to strengthening the UAE's industrial ecosystem and expanding its leadership across the global aviation value chain.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Global gas flaring surged for second year in a row, wasting about $63 billion in lost energy: World Bank
Global gas flaring surged for second year in a row, wasting about $63 billion in lost energy: World Bank

Al Etihad

time6 hours ago

  • Al Etihad

Global gas flaring surged for second year in a row, wasting about $63 billion in lost energy: World Bank

20 July 2025 10:02 ABU DHABI (ALETIHAD)Global gas flaring surged for a second year in a row, wasting about $63 billion in lost energy and setting back efforts to manage emissions and boost energy security and the practice of burning natural gas during oil extraction, reached 151 billion cubic meters (bcm) in 2024, up 3 bcm from the previous year and the highest level in almost two estimated 389 million tonnes of CO₂ equivalent—46 million of that from unburnt methane, one of the most potent greenhouse gases—was needlessly some countries have reduced flaring, the top nine largest-flaring countries continue to account for three-quarters of all flaring, but less than half of global oil data compiled and analyaed in the World Bank's annual Global Gas Flaring Tracker shows that flaring intensity—the amount of gas flared per barrel of oil produced—has remained stubbornly high for the last 15 years.'When more than a billion people still don't have access to reliable energy and numerous countries are seeking more sources of energy to meet higher demand, it's very frustrating to see this natural resource wasted,' said Demetrios Papathanasiou, World Bank Global Director for Energy and report highlights that countries committed to the Zero Routine Flaring by 2030 (ZRF) initiative have performed significantly better than countries that have not made the commitment. Since 2012, countries that endorsed ZRF achieved an average 12% reduction in flaring intensity, whereas those that did not saw a 25% accelerate progress, the World Bank's Global Flaring and Methane Reduction (GFMR) Partnership is supporting methane and flaring reduction projects through catalytic grants, technical assistance, policy and regulatory reform advisory services, capacity building, and institutional strengthening. For example, in Uzbekistan, GFMR allocated $11 million to identify and fix methane leaks in the gas transportation network, cutting methane emissions by 9,000 tonnes annually, and potentially reaching up to 100,000 tonnes each year. Source: Aletihad - Abu Dhabi

Hamdan bin Zayed visits 21st Liwa Date Festival
Hamdan bin Zayed visits 21st Liwa Date Festival

Al Etihad

time20 hours ago

  • Al Etihad

Hamdan bin Zayed visits 21st Liwa Date Festival

19 July 2025 19:40 ABU DHABI (ALETIHAD)His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region and Chairman of the Board of Directors of the Environment Agency – Abu Dhabi (EAD), has visited the 21st Liwa Date Festival, organised by the Abu Dhabi Heritage Authority and underway in Al Dhafra Region until July 27, 2025. Held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President of the UAE, Deputy Prime Minister, and Chairman of the Presidential Court, the festival affirms the UAE leadership's commitment to preserving national heritage and supporting related sectors. Read more: #AletihadNewsCenter #UAE #AbuDhabi @Turathuna_ae — Aletihad English (@AletihadEn) July 19, 2025 His Highness Sheikh Hamdan bin Zayed highlighted the continued support of President His Highness Sheikh Mohamed bin Zayed Al Nahyan toward efforts that safeguard Emirati culture and promote agricultural the visit, His Highness praised the festival's role in showcasing the cultural and agricultural significance of the palm tree as a symbol of national identity and in supporting local communities in Abu Dhabi, in line with the aspirations of the UAE Year of Highness underscored the festival's importance in empowering the local community, supporting farmers, and encouraging the cultivation of palm trees as a pillar of food security, and a key component of the UAE's heritage. He also commended the active participation of government and private entities, producers, manufacturers, and traditional craftswomen, highlighting Emirati traditions and promoting palm-related Highness toured the festival pavilions, reviewed entries in various competitions, met with judging committees for both the date and fruit competitions, and visited sections featuring heritage crafts, palm saplings, agricultural tools, a fresh dates market, the traditional souq, and displays from government and private sector organisations. His Highness was accompanied during the visit by His Excellency Faris Khalaf Al Mazrouei, Chairman of the Abu Dhabi Heritage Authority; His Excellency Nasser Mohammed Al Mansouri, Undersecretary of the Ruler's Representative Court in Al Dhafra Region; His Excellency Abdullah Mubarak Al Muhairi, Acting Director General of the Authority; His Excellency Obaid Khalfan Al Mazrouei, Executive Director of the Festivals and Events Sector at the authority; and a number of officials.

Etihad Airways welcomes 20 million passengers, over 100 aircraft
Etihad Airways welcomes 20 million passengers, over 100 aircraft

Al Etihad

time2 days ago

  • Al Etihad

Etihad Airways welcomes 20 million passengers, over 100 aircraft

18 July 2025 18:47 ABU DHABI (ALETIHAD) Etihad continues to soar with a record-breaking year, reaching new milestones for the first time in the airline's Neves, Chief Executive Officer at Etihad Airways, commented, 'The last 12 months have seen Etihad flying high, breaking records and achieving new milestones at an astonishing a record Q1, with Dh685 million profit and our highest ever customer satisfaction scores, Etihad has now welcomed more than 20 million guests in the last year, for the first time in the airline's history.'We continue our upward trajectory as part of a broader growth story that has seen our annual passenger numbers more than double from 10 million to 20 million in just two and a half years. This sustained growth is driven by expanding demand, a dynamic global network, and a clear strategic focus.' He added, 'We are the only airline in the region growing at this pace and we have no intention of slowing down. 2025 is proving to be our biggest year yet.'Achieving another milestone, Etihad has introduced three more aircraft into its expanding fleet, bringing the operational fleet size to more than 100 aircraft. The airline welcomed back its seventh Airbus A380 to service and received a brand-new Boeing B787-9 delivered from Charleston, US, with an all-Emirati flight crew. Etihad also received the first of three brand-new Airbus 350-1000s delivered one of the youngest aircraft fleets in the industry, Etihad continues to make strategic investments to meet the overwhelming demand from guests. The airline is expecting to receive 18 additional new aircraft in 2025, including the delivery of its new A321LR fleet which will enter into service from 1 luxury, the new A321LR fleet will offer First Suites, fully lie-flat Business seats, 4K screens and high-speed super Wi-Fi in all cabins, allowing guests to stay connected via messages, calls and stream while in the air. Earlier this year, Etihad announced the order of 28 wide-body aircraft from Boeing to support its plans for growth and connectivity, operational efficiency and guest the airline's recent announcement of seven additional destinations, Etihad will have added 27 new routes this year, a remarkable milestone that reflects its ambition and commitment to increase the number of visitors to Abu to almost 90 destinations worldwide by the end of 2025, leveraging its strategic geographical advantage connecting Europe and Asia, this expansion is part of Etihad's ongoing strategy to support the economic growth of Abu achievements are a huge step toward the goals the Etihad set out in its ambitious growth strategy which would see the network grow to more than 125 destinations, fleet to more than 170 aircraft, and passenger numbers to 38 million per year, by 2030. With rapid growth in every direction, the airline is set to exceed the expectations of its seven-year growth plan, a reflection of demand and extraordinary customer satisfaction. Etihad's success is a reflection of Abu Dhabi's strong aviation sector which continues to demonstrate robust growth and strategic momentum, underscoring its position as a leading global gateway for passengers and cargo.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store