Mubadala unit in technical pact with Virgin Australia

Switzerland-based SR Technics and Sanad Aero Solutions, a part of Mubadala Development Company's aerospace unit, have signed component maintenance and technical training agreements with Virgin Australia. "Leveraging the full scope of Mubadala Aerospace's global MRO [maintenance, repair and overhaul] capabilities, some services will also be completed out of Abu Dhabi Aircraft Technologies, SR Technics' sister company. These agreements will cover full nose-to-tail integrated component solutions and are complemented with a component financing solution from Sanad Aero Solutions," a statement said.