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Sanad sells 16 aircraft engines to Etihad Airways in a strategic transaction valued at AED 1.5 billion
Oct 22, 2024•over 1 year ago
Contract Type
agreement
Abu DhabiAerospaceDescription
Sanad has announced the sale of 16 aircraft engines to Etihad Airways, valued at approximately AED 1.5 billion. This transaction underscores the long-term commitment of Sanad to strategic portfolio management and optimizing assets, while supporting the continued growth of Etihad Airways.
Agreement Insights
Based on industry dataContract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months