{"id":2477,"date":"2015-11-10T14:28:39","date_gmt":"2015-11-10T08:28:39","guid":{"rendered":"https:\/\/bbf.digital\/new\/?p=2477"},"modified":"2017-09-09T22:40:43","modified_gmt":"2017-09-09T16:40:43","slug":"mubadala-and-etihad-airways-sign-strategic-agreement-to-expand-partnership","status":"publish","type":"post","link":"https:\/\/bbf.digital\/new\/mubadala-and-etihad-airways-sign-strategic-agreement-to-expand-partnership","title":{"rendered":"Mubadala and Etihad Airways Sign Strategic Agreement to Expand   Partnership"},"content":{"rendered":"<h4 style=\"text-align: center;\"><span style=\"font-size: 12pt; color: #000080; font-family: Arial, Helvetica, sans-serif;\"><em><a href=\"https:\/\/bbf.digital\/new\/wp-content\/uploads\/2015\/11\/Etihad-Airways-Mubadala-Partnership-Photo.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"size-medium wp-image-2481 alignleft\" src=\"https:\/\/bbf.digital\/new\/wp-content\/uploads\/2015\/11\/Etihad-Airways-Mubadala-Partnership-Photo-300x227.jpg\" alt=\"Etihad Airways - Mubadala Partnership Photo\" width=\"300\" height=\"227\" srcset=\"https:\/\/bbf.digital\/new\/wp-content\/uploads\/2015\/11\/Etihad-Airways-Mubadala-Partnership-Photo-300x227.jpg 300w, https:\/\/bbf.digital\/new\/wp-content\/uploads\/2015\/11\/Etihad-Airways-Mubadala-Partnership-Photo-1024x775.jpg 1024w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a>Deepens partnership in the field of MRO with US$1bn of additional new contracts over 10 years<\/em><\/span><\/h4>\n<h4 style=\"text-align: center;\"><span style=\"font-size: 12pt; color: #000080; font-family: Arial, Helvetica, sans-serif;\"><em>SR Technics to be appointed as preferred MRO service provider<\/em><\/span><\/h4>\n<p style=\"text-align: justify;\"><span style=\"font-family: Arial, Helvetica, sans-serif;\"><a href=\"https:\/\/www.mubadala.com\/\">Mubadala<\/a>, the Abu Dhabi-based investment and development company, and <a href=\"http:\/\/www.etihad.com\/\">Etihad Airways<\/a>, the national airline of the United Arab Emirates, has signed a Memorandum of Understanding that will allow the companies to build on their long-term strategic partnership by further exploring areas of cooperation.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Arial, Helvetica, sans-serif;\">The agreement was signed at the Dubai Airshow by Homaid Al Shemmari, Chief Executive Officer, Aerospace and Engineering Services, Mubadala and James Hogan, President and Chief Executive Officer, Etihad Airways, and covers a range of new contracts with a potential value of US$1 billion over a 10-year period.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Arial, Helvetica, sans-serif;\">Under the terms of the Memorandum of Understanding, Etihad Airways will appoint Mubadala\u2019s SR Technics, one of the world&#8217;s leading providers of aircraft, component, engine and technical services, as its preferred service provider on commercially competitive terms.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Arial, Helvetica, sans-serif;\">In addition, Mubadala and Etihad Airways are exploring the feasibility of the establishment of a best-in-class narrow body Maintenance, Repair, and Overhaul (MRO) Facility in Eastern Europe, with discussions already progressing with concerned parties.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Arial, Helvetica, sans-serif;\">James Hogan, Etihad Airways\u2019 President and Chief Executive Officer, said: \u201cThe strong partnership between Etihad Airways and Mubadala is a key strategic driver in the development of Abu Dhabi as a global aviation hub. 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.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Arial, Helvetica, sans-serif;\">Homaid Al Shemmari, Chief Executive Officer, Aerospace and Engineering Services, Mubadala, added: \u201cWe are delighted to sign this mutually beneficial strategic agreement that will deepen our partnership with Etihad and continue our mission to support Abu Dhabi, and Abu Dhabi companies, to become global aerospace leaders.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: Arial, Helvetica, sans-serif;\"><em><strong>Photo caption (left to right): <\/strong>James Hogan, Etihad Airways\u2019 President and Chief Executive Officer, with Homaid Al Shemmari, Chief Executive Officer, Aerospace and Engineering Services, Mubadala, after signing\u00a0\u200ean MoU to expand their companies&#8217; strategic partnership.<\/em><\/span><\/p>\n\n    <div class=\"xs_social_share_widget xs_share_url after_content \t\tmain_content  wslu-style-1 wslu-share-box-shaped wslu-fill-colored wslu-none wslu-share-horizontal wslu-theme-font-no wslu-main_content\">\n\n\t\t\n        <ul>\n\t\t\t        <\/ul>\n    <\/div> \n","protected":false},"excerpt":{"rendered":"<p>Deepens partnership in the field of MRO with US$1bn of additional new contracts over 10 years SR Technics to be appointed as preferred MRO service provider Mubadala, the Abu Dhabi-based investment and development company, and Etihad Airways, the national airline of the United Arab Emirates, has signed a Memorandum of Understanding that will allow the [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":1042,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[32],"tags":[169,168],"class_list":["post-2477","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brand-news","tag-etihad-airways","tag-mubadala"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v25.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mubadala and Etihad Airways Sign Strategic Agreement to Expand  Partnership | BBF Digital<\/title>\n<meta name=\"description\" content=\"Mubadala, the Abu Dhabi-based investment and development company, and Etihad Airways, the national airline of the United Arab Emirates\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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