Mubadala, the Abu Dhabi-based investment and development company, and Etihad Airways have signed a Memorandum of Understanding (MoU) at the Dubai Airshow worth potentially $1 billion over a 10-year period.
The agreement was signed by Homaid Al Shemmari, chief executive, Aerospace and Engineering Services, Mubadala, and James Hogan, president and chief executive of Etihad Airways, and covers a range of new contracts.
Under the terms of the MoU, Etihad will appoint Mubadala’s SR Technics, a provider of aircraft, component, engine and technical services, as its preferred service provider on commercially competitive terms.
In addition, Mubadala and Etihad are exploring the feasibility of the establishment of a best-in-class narrow body maintenance, repair, and overhaul facility in Eastern Europe, with discussions already progressing with concerned parties.
“The strong partnership between Etihad Airways and Mubadala is a key strategic driver in the development of Abu Dhabi as a global aviation hub,” said Mr Hogan.
“Building on the success of our collaboration to date will give us the scale to expand the range of services we jointly offer, and help keep our respective organisations at the forefront of the global aviation and aerospace industries.” Mr Al Shemmari added.
Archived
10 years ago
Africa’s rapidly expanding urban youth population, rising middle class and accelerating infrastructure development are set to propel passenger traffic growth of nearly 6% per year through 2045,...
Aviation took the spotlight at Hurtwood Park Polo Club on Saturday, 5 September, where more than 800 guests gathered with Luxaviation UK and Castle Air for the 2026 edition of the Aviation Polo Cup. M...
Daher Aircraft has reaffirmed its leadership in turboprop aviation, securing the No. 1 position for the sixth consecutive year in Professional Pilot magazine’s Product Support Survey. In the 202...
Synhelion has entered into a MoU with the Government of Morocco to advance the development of a large‑scale commercial synthetic fuel plant in the country’s southern Tan‑Tan province. The p...
