As part of the digitalization of the aviation industry, Sanad, the global aerospace engineering and leasing solutions provider completely owned by the Mubadala Investment Company PJSC has inked a Technology Collaboration Agreement with Lufthansa Technik Middle East (LTME)..
After signing a deal at this week’s Dubai Airshow 2021 (which ends at the end of this week), what was its purpose? On November 18, LTME and Sanad will meet at Dubai World Central to serve the growing digitization needs of MRO. Research and development as they prepare for an increasingly digitalized world. Both partners plan to employ digital capabilities like AI and VR to digitalize their business enhance their total market offerings by improving their MRO processes As part of the United Arab Emirates’ “Operation” program, the two businesses hope to raise a combined $300 billion by focusing on Fourth Industrial Revolution (4IR) technology deployment. By creating and utilizing digital capabilities, companies may expedite their maintenance procedures.
In the end, the goal is to better serve their clients by reducing turnaround times and costs. It has become clear from working with Lufthansa Technik that there is room for improvement in the MRO processes as a whole., this arrangement will address these issues.” Mansoor Janahi, Sanad’s [Deputy Group] CEO, said. In order to improve our procedures, the relationship is essential and will allow our employees to be able to assist a wider range of clients.