Latest news with #Sanad
Saba Yemen
43 minutes ago
- General
- Saba Yemen
71 Palestinians Martyred and Dozens Injured in Israeli Airstrikes on Gaza
Gaza – SABA: At least 7 Palestinian civilians were martyred on Tuesday evening when Israeli occupation forces bombed a tent sheltering displaced people west of Gaza City, while medical sources confirmed a total of 71 Palestinian martyrs due to Israeli airstrikes across the Gaza Strip since early Tuesday. According to the Palestinian news agency Sanad, 7 martyrs and a number of injured were reported following an Israeli airstrike targeting a displacement tent located at the Fishermen's Port west of Gaza City. The victims and injured were transferred to Al-Shifa Medical Complex in Gaza City. Among the martyrs were Jaber Eid Al-Ajrami, Zahir Ahmed Al-Ajrami, Suad Mohammed Abu Ouda, and Yasser Adnan Abu Ouda along with his children Ahmed, Ammar, and Mayar, all of whom were killed in the bombing of their tent at the port. The same agency, citing Palestinian medical sources, confirmed that a total of 71 civilian martyrs and dozens of injuries resulted from ongoing Israeli air raids across Gaza since the early hours of Tuesday. The total death toll from the Israeli aggression on Gaza has now risen to 54,510 martyrs and 124,901 injured since October 7, 2023. Whatsapp Telegram Email Print more of (International)
Zawya
20 hours ago
- Business
- Zawya
Sanad, AerCap Materials finalise $109mln engine, airframe component deal
NEW DELHI - Sanad, a global leader in aerospace engineering and leasing solutions and a wholly owned subsidiary of Mubadala Investment Company PJSC, has finalised one of the largest engine and airframe component sales with AerCap Materials, the materials arm of AerCap, the world's largest aviation leasing company. The agreement, signed during the IATA Annual General Meeting in Delhi, is valued at over AED400 million (US$110 million). It marks a significant advancement in aviation asset management, aimed at boosting component availability, improving operational efficiency and strengthening supply chain resilience. The transaction covers over 6,000 high-demand components across multiple lessees and aircraft platforms, including Airbus: A220, A320, A330, A340, A380; Boeing: 737, 777, 787; Embraer: E-Jet series. The portfolio includes both on-lease components supporting airline and Maintenance Repair and Overhaul operations worldwide, and off-lease components positioned to meet increasing demand. Its scale and immediate availability set a new benchmark for agile and efficient asset management. With global supply chain constraints continuing to affect operators, the deal ensures airlines have prompt access to vital components, supporting fleet reliability and business continuity. The agreement supports AerCap Materials' efforts to scale its aftermarket services, while enabling Sanad to streamline its portfolio and focus on strategic growth. Mansoor Janahi, Managing Director and Group CEO of Sanad, said, "This transformative transaction reflects Sanad's commitment to building a more resilient aviation supply chain and forging partnerships that deliver long-term industry value. With this partnership, we're extending access to critical assets while accelerating Sanad's next phase of growth." By integrating Sanad's inventory, AerCap Materials expands its global parts offering for the most widely operated aircraft types, reinforcing its role as a responsive and trusted partner for commercial operators. Aengus Kelly, Chief Executive of AerCap, said, "This acquisition strengthens our inventory and responsiveness, especially at a time of continued supply chain challenges. Partnering with Sanad allows us to scale faster and provide tailored solutions globally. We appreciate the trust Sanad has placed in AerCap and look forward to a long-standing collaboration." The partnership brings together complementary strengths, enhancing aviation service synergies and expanding international reach to meet evolving industry demands with greater efficiency and innovation.
Zawya
2 days ago
- Business
- Zawya
Sanad and AerCap Materials finalize landmark AED 400mln engine and airframe component portfolio sale
Historic Asset Sale Transaction for Engine and Airframe Components: Sanad and AerCap Materials finalize an AED 400 million (USD $110+ million) component sale, reshaping global aftermarket capabilities. Strengthening Global Component Access: The deal includes 6,000+ high-demand Engine and Airframe components, on-lease and off-lease, covering Airbus, Boeing, and Embraer platforms in more than 20 countries. Meeting Urgent Demand: With global supply chain disruptions ongoing, the transaction provides immediate access to high-demand components, helping airlines maintain fleet reliability and operational continuity. Strategic Collaboration for Growth: The agreement reinforces Sanad's leadership in aviation asset management and AerCap Materials' role as a key enabler of aftermarket solutions in a constrained global supply environment. Delhi, India – Sanad, a global leader in aerospace engineering and leasing solutions and a wholly owned subsidiary of Mubadala Investment Company PJSC (Mubadala), has finalized one of the largest Engine and Airframe component sales with AerCap Materials, the materials business of AerCap—the world's largest aviation leasing company—and a leading global distributor of airframe and engine materials for commercial aircraft and engine manufacturers. The agreement was signed during the IATA Annual General Meeting (AGM) in Delhi, the world's leading forum of airline leaders focused on shaping the future of air transport. Valued at over AED 400 million (USD $110 million), this landmark transaction represents a pivotal step in advancing aviation asset management, reinforcing both companies' commitment to enhancing component availability, optimizing operational efficiency, and building a more resilient global supply chain in a rapidly evolving aviation industry. Unprecedented Scale and Impact Encompassing a comprehensive range of more than 6,000 high-demand aircraft components, the portfolio spans multiple, lessees and aircraft platforms, including: Airbus: A220, A320, A330, A340, A380 Boeing: 737, 777, 787 Embraer: E-Jet series. The portfolio includes on-lease components actively supporting airline and Maintenance Repair and Overhaul (MRO) operations globally, as well as off-lease components strategically positioned to meet surging demand. The scale and immediate readiness of this inventory set a new industry benchmark for efficient and responsive asset management. With ongoing supply chain constraints impacting operators globally, this transaction ensures immediate availability of critical aircraft components, enabling airlines to maintain fleet reliability and operational efficiency. A Strategic Alliance This landmark agreement underscores AerCap Materials' strategy to scale its aftermarket offerings and meeting the evolving needs of its global customer base while enabling Sanad to optimize its portfolio and redirect capital into strategic growth initiatives. Mansoor Janahi, Managing Director and Group CEO of Sanad commented: "This complex and transformative transaction reflects Sanad's commitment to build a more resilient aviation supply chain and fostering strategic partnerships that create long-term value for the industry. Over the last decade, we've built a robust pool of components, and through this partnership with AerCap Materials, we're extending access to critical assets across the industry. AerCap's ability to manage leasing complexity ensures continued value for our customers while allowing Sanad to accelerate its next phase of growth." By integrating Sanad's extensive inventory, AerCap Materials significantly expands its ability to support airlines worldwide with parts for the most widely operated aircraft in the world, reinforcing its position as a trusted and agile partner for commercial operators. Aengus Kelly, Chief Executive of AerCap, added: "This acquisition significantly strengthens our inventory breadth and enhances our responsiveness to customer needs, particularly during a time when airlines are navigating ongoing supply chain disruptions. Partnering with Sanad enables us to scale faster and deliver innovative, tailored solutions to our customers on a global scale. We thank Sanad for the trust they have placed in AerCap and look forward to a long and fruitful partnership." Powering the Future of Aviation Aftermarket Services The collaboration reflects a shared vision to align complementary expertise, improve aviation services synergies and expand global reach. Together, Sanad and AerCap Materials are better positioned to address dynamic market needs while delivering greater efficiency, innovation, and resilience across the global aviation ecosystem. About Sanad Sanad Group (Sanad) is a global aerospace engineering and leasing solutions leader headquartered in Abu Dhabi and wholly owned by Mubadala Investment Company PJSC. With over 37 years of operational experience, Sanad provides leaders in commercial aviation with world-class maintenance, repair, and overhaul (MRO) services and financing solutions. Visit us at Follow us on Instagram, Facebook, and LinkedIn @TheSanadGroup For more information, please contact: Hasna Abouseir habouseir@ About AerCap AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is based in Dublin with offices in Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, Dubai and other locations around the world. About AerCap Materials AerCap Materials is the leading distributor of airframe and engines material for commercial aircraft and engine manufacturers. We provide spares distribution, financing and leasing solutions, supply chain management solutions, and dismantling expertise to more than 850 customers globally. AerCap Materials is accredited to ASA-100, Aircraft Fleet Recycling Association (AFRA), and certified to ISO 9001:2015/AS9120B. With more than five decades of aftermarket experience and one of the largest inventories, AerCap Materials has the experience, expertise and solutions tailored to meet customer supply chain requirements, around the clock and around the world.
Saba Yemen
3 days ago
- Politics
- Saba Yemen
Palestinian journalist "Al-Nakhala" martyred in zionist bombing in Gaza
Gaza – Saba: Palestinian journalist Youssef Al-Nakhala was martyred on Saturday evening after Zionist enemy forces bombed his family's house in Gaza City. Local sources confirmed that Al-Nakhala, a broadcast engineer, was martyred when his family's house was targeted, according to the "Sanad" News Agency. Over the past 24 hours, enemy forces have targeted dozens of inhabited houses and residential buildings in airstrikes, resulting in the destruction of properties and the martyrdom of dozens, in addition to hundreds of civilians injured—most of whom were women and children. With the martyrdom of journalist Al-Nakhala, the number of media professionals killed in the ongoing Israeli aggression since October 2023 has risen to 221 martyrs. Whatsapp Telegram Email Print
Al Jazeera
24-05-2025
- Al Jazeera
How commercial drones turn deadly in Gaza
In Gaza, the sound of drones can be heard everywhere. An analysis by Al Jazeera's digital investigations team, Sanad, has revealed that Israel is repurposing commercial drones to use as weapons of war in the Strip. And as drones become ever more accessible, the line between their civilian use and their military use is becoming increasingly blurred.
