Sanad, a wholly-owned subsidiary of Mubadala Investment Company, has signed a Memorandum of Understanding (MoU) with Thales to explore places of collaboration in the fast-developing domains of industrial services for airport security, air traffic, and avionics systems.
The MoU was signed by Mansoor Janahi, Group CEO of Sanad, and Bernard Roux, CEO of Thales in the UAE.
This statement follows the launch of Sanad’s new industrial services strategy, which focuses on expanding its business beyond the aerospace sector to drive the UAE’s sustainable industrial future by leveraging synergies with international partners.
Knowledge interaction will be a key focus under the terms of the deal, and Thales will serve as a partner in diversifying Sanad’s business portfolio towards industrial services in Air Traffic, Airport Security, and Avionics Systems.
As part of the agreement, Sanad and Thales will work collaboratively on regional and international projects, wherein Sanad would lead on providing cutting-edge industrial systems, operating alongside Thales who will spearhead the design and build.
Mansoor Janahi, Group CEO of Sanad, said
Speaking on the occasion, Mansoor Janahi, Group CEO of Sanad, told, “This partnership with Thales reinforces Abu Dhabi’s position as a trusted international hub for the industrial services, as it develops the range of services provided by the national aerospace sector to include airport security, air traffic managing, and avionics systems, which are witnessing a significant development locally and globally.
- “Through this new deal, Sanad seeks to build national competencies and excellence in these sectors, localizing the most advanced technologies and facilitating the transfer of knowledge through partnerships with major international companies leading in these sectors.
This partnership also ensures Sanad’s ability to implement its latest strategy through this new partnership with Thales coupled with its distinguished engineering and leasing history spanning more than 30 years.”
Bernard Roux, CEO of Thales in UAE, commented,
“The aviation sector has fostered endless debates over the last few years, whether it is about future traffic flows or the resilience and adaptability of the sector. Our skies are undergoing a significant change.
As we look to build a future that we can all trust, it is innovation and understanding exchange that plays a vital role in promoting sustainable development and creating industries with a competitive advantage on an international stage. Sanad has taken significant strides in the aviation industry over the last three decades, and as trusted architects of the sector, we are delighted to be working with Sanad to shape the future of the industry.”
Arab Air Carriers Organization
Sanad, the international aerospace engineering and leasing solutions leader wholly-owned by Mubadala Investment Company (Mubadala), has partnered with the Arab Air Carriers Organization (AACO) to give the association’s 27 carrier members access to Sanad’s world-class industrial service capabilities in 2021.
The affiliation, which sees Sanad appointed as AACO’s Industry Partner, provides a strategic platform for extensive understanding interaction and access for the AACO partners, with Sanad expecting to leverage the tie-up to expand regional service partnerships and build on its industry-leading expertise in servicing international OEMs and airlines.
“Our partnership with AACO gives its members and Sanad a mutually beneficial platform to study greater collaborative opportunities and share learning and experience to drive excellence across the aviation sector,” told Mansoor Janahi, Deputy Group CEO, Sanad.
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“With more than three decades’ experience across MRO and leasing, we look forward to operating with AACO and its members to further our collective ambitions.”
AACO’s Industry
Since its inception 25 years ago, AACO’s Industry Partnership program has fostered a mutually beneficial environment where partners benefit from AACO events and activities designed to strengthen their relations with member airlines, while AACO members benefit from the partners’ diverse product offerings, and numerous other help.
Abdul Wahab Teffaha, AACO Secretary-General, told: “We are pleased to receive Sanad to the extended AACO family of industry partners, and we are confident that the framework we were given for our members and industry partners will create synergies and opportunities for all groups.
Sanad’s innovative solutions and services offer specialist choices to our partner airlines, and we look forward to a fruitful and successful collaboration and partnership”.
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