• Recorded a 40% Year-on-Year Revenue Growth Propels Sanad Beyond the US$ 1 Billion Milestone, Cementing Its Status as a Global engine MRO Leader and the largest in the MENA region
• MRO Capabilities Reach New Heights with 161 Engine Inductions, a 29% Surge, and adoption of a new product raising its product portfolio to 5 engines
• AED 33 Billion Order Book Strengthened by Landmark Global Agreements, Adding AED 4 Billion in New Business in 2024
• 20% Workforce Growth Fuels Sanad’s Expansion, Accelerating Emiratization and Future-Ready Talent

Abu Dhabi, 12 March 2025 – Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC (Mubadala), has announced exceptional financial results for 2024, surpassing the US$1 billion milestone for the first time in its history. The company reported AED 4.92 billion (US$1.34 billion) in revenue, a 40% increase from AED 3.4 billion (US$ 925 million) in 2023, underscoring its rapid expansion and strategic market positioning.