Mubadala Lends to Airlines
Posted on 02/04/2010
A new company controlled by Mubadala Development Company, called Sanad Aero Solutions, are providing US$ 130 million in financing for Air Berlin and Etihad Airways. Sanad Aero Solutions will provide financing and logistical support with a focus on aircraft engines and components. Sanad – Arabic for “support” – adds another layer to Mubadala’s aerospace strategy, […]
