Mubadala Investment Company’s Sanad Group has signed a preliminary agreement with Indonesia’s GMF to set up a new maintenance, repair, and overhaul (MRO) centre for aircraft engines in the South-East Asian country.
Before setting up the centre, the two companies will collaborate to build MRO capabilities dedicated to CFM engines at GMF’s existing facility in Jakarta.
CFM engines are one of the world’s most widely used aircraft engines, including the LEAP engine that powers next generation…