Company updates Etihad Seals Component Spares Deal With SANAD by GTP editing team 18 April 2013 written by GTP editing team 18 April 2013 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 10 Etihad Airways has extended its relationship with Sanad Aero Solutions GmbH (Sanad), with a 10-year agreement for the sale and lease back of some of the airline’s key component spares. The deal, valued at over US$125 million, will see Sanad, Mubadala Aerospace’s spare engine and components financing and leasing solutions company, purchasing and leasing back to Etihad Airways key rotable component spares. The key component spares consist of aircraft spare parts for Etihad Airways’ entire fleet of passenger and cargo aircraft. The transaction expands upon a similar sale and lease back deal between the two companies in late 2011 for the financing of 11 spare aircraft engines: five General Electric GE 90 and six Rolls Royce Trent 500. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Minister Presents Greek Tourism At Forum In Switzerland next post Aegean’s Mobile Boarding Pass Now On Passbook You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Celestyal Celebrates Valentine’s Day with Free Cabin Upgrades 5 February 2025 Flisvos Beachfront Apartments Offers Seaside Stays on Skopelos Island 4 February 2025 ITA Airways Unveils New Commercial Benefits as it Joins Lufthansa Group 4 February 2025 HotelBrain Expands with 10-Year Lease of Dion Palace Resort & Spa 4 February 2025 SKY express: Free Tickets for Children, Teachers on All Santorini-Athens Flights 4 February 2025