Finance, Taxes, Insurance
Sanad Crosses $1 Billion Assets Mark
New GEnx and GP7200 Engines Add to Offering
Troy Lambeth, Sanad’s CEO, says his company is well-positioned for growth.
Troy Lambeth, Sanad’s CEO, says his company is well-positioned for growth.

Sanad, the spares leasing arm of Mubadala Development Corporation, has reached the $1 billion mark in assets, and done so ahead of schedule, CEO Trowy Lambeth told AIN just before this week’s Dubai Airshow. “We crossed $1 billion in assets within the portfolio this year, which was a big milestone for us. It happened within six years of our launch,” Lambeth said.