Abu Dhabi, UAE
Sanad Aero Solutions (Sanad), Mubadala Aerospace’s component and engine financing solutions group, has partnered with Abu Dhabi National Leasing (ADNL), a wholly-owned asset-based lease finance arm of the National Bank of Abu Dhabi (NBAD), to provide up to US$ 169 Million (AED 620.7 Million) in lease financing to Etihad Airways for spare engine sale and lease-back transaction.