From Alwatan.com.kw: A unit of Abu Dhabi governmentـowned Mubadala Development Company has launched a new company to provide component and engine financing to the aerospace sector, it said on Wednesday.
The new venture, Sanad Aero Solutions, has already signed a 100 million US dollar deal with Germany’’s Air Berlin for 12 spare engines, and for engine maintenance work for the carrier, Mubadala Aerospace said in a statement……………………………………Full Article: Source