Sanad to provide MRO services for Lion Air Group in Abu Dhabi: Aviation engineering and leasing solutions firm Sanad, a subsidiary of Abu Dhabi sovereign wealth fund Mubadala, has inked a five-year Maintenance, Repair and Overhaul (MRO) agreement with Indonesia’s largest airline Lion Air Group, according to a statement. Sanad will provide comprehensive MRO services for 65 of Lion Air’s V2500 engines, including multiple MRO service visits, effective 4Q 2024. The investment ticket was not disclosed.
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The details: The 65 V2500-engine-operated aircraft are used by Super Air Jet and Batik Air, subsidiaries of the Lion Air Group. Lion Air subsidiaries Super Air Jet and Batik Air. The firm will service Lion Air’s fleet at its facilities in Abu Dhabi, where it has completed over 250 V2500 engine inductions over the past five years. Lion Air Group, which has one of Southeast Asia’s biggest fleets, at present operates over 310 aircrafts.
Making moves: Sanad secured a USD 145 mn contract extension in April with Asiana Airlines for five years to continue servicing its V2500 engine fleet in Abu Dhabi. Sanad also partnered in August with Airbus to provide MRO services for Airbus engines.
Expanding services: Sanad inaugurated the region’s first MRO center last November for CFM International’s LEAP engines, which power Airbus A32neo and Boeing 737 MAX aircraft. The center, which covers over 5k sqm, aims to increase servicing capabilities for LEAP engines, providing regional operators the ability to reduce their carbon footprint associated with transportation of engines outside the region.
More to come: The firm is planning to launch a fifth maintenance line on 18 November with an investment of AED 100 mn. Sanad plans to boost its capacity to 172 engines this year, and more than 200 engines next year.