Mubadala, the Abu Dhabi-based investment and development company, will be participating at MRO Europe in Madrid, Spain, on October 8 and 9, 2014. MRO Europe is Europe's annual leading conference and exhibition for the commercial aviation maintenance industry with up to 400 top-tier solution providers and more than 5000 participants from all over the world. Two group companies within the aerospace and defence services sectors, SR Technics and Sanad Aero Solutions, are attending the show, giving them an opportunity to develop new partnerships.
Commenting on Mubadala's participation, Homaid Al Shemmari, CEO of Aerospace and Engineering Services at Mubadala, said: "SR Technics is our premium provider of MRO services and is a key asset to Mubadala in realising our strategic aims within this global sector. The broad and innovative service portfolio provided by SR Technics, coupled with its renowned high quality, brings operational and bottom line benefits to our valued customers. Madrid offers SR Technics and Sanad an international platform to meet with industry-leading organisations and discuss existing and future collaboration and partnerships." SR Technics is one of the world's leading independent providers of technical services for the civil aviation sector. The SR Technics Group offers its customer airlines comprehensive and totally-tailored solutions for the technical support and management of their aircraft fleets, engines and components. This is coupled with extensive engineering know-how, 24/7 worldwide component availability, broad technical training offerings, and VIP completion services. With its head office at Zurich Airport, SR Technics provides its services to about 500 airline customers through an extensive network of international operations and sales offices in Europe, America, Asia and the Middle East. SR Technics is wholly owned by Mubadala Development Company.
Sanad Aero Solutions is an industry leader in integrated financing and leasing solutions for spare engine and aircraft components with assets that exceed USD 800 million, supporting a growing portfolio of airline customers in the MENA region, Europe, Asia and North America. Launched in 2010 and headquartered in Switzerland, Sanad has offices in Zurich and Abu Dhabi.