Engine Sale and Leaseback / Aviation Leasing

Sanad Capital is the aviation leasing arm of Sanad Group, providing airlines and MRO operators with structured financial solutions built around spare engines and aircraft components. The core sale-and-leaseback product allows an operator to sell an owned spare engine to Sanad Capital and immediately lease it back under a long-term agreement, converting a balance-sheet asset into working capital while retaining full operational access to the asset. The structure eliminates residual-value risk — the operator no longer carries the depreciation exposure or the remarketing burden when the engine ages out of their fleet type.

The engine portfolio covers the major commercial widebody and narrowbody families: GEnx, GE90, CFM56, GP7200, V2500, and Trent variants, enabling support across A320, A330, A380, A350, 787, and 777 fleet types. A documented Etihad transaction — USD 408 million covering nine GEnx, five GP7200, one Trent XWB, and one V2500 — illustrates the multi-engine, mixed-type structuring capability available to large operators.

Beyond individual engine transactions, Sanad Capital offers components leasing, where the airline transfers ownership of aircraft parts inventory into a Sanad-managed pool and receives access rights back under a dedicated support programme. This approach frees tied-up MRO stock capital while maintaining component availability guarantees across Airbus, Boeing, and Embraer fleet types.

Sanad Capital's Mubadala parentage provides direct access to institutional capital markets, allowing large-ticket or multi-year commitments — the group has secured more than AED 33 billion in long-term OEM and airline commitments since 2018 — without the counterparty-credit risk typical of independent lessors. For GCC carriers and government-linked operators, transacting with a UAE sovereign-linked lessor also simplifies local regulatory and procurement governance.