UAE Business: Lufthansa Technik Middle East, Sanad in digitalisation deal – Gulf Digital News

  • Date: 17-Nov-2021
  • Source: Gulf Daily News
  • Sector:Economy
  • Country:UAE
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UAE Business: Lufthansa Technik Middle East, Sanad in digitalisation deal – Gulf Digital News








Lufthansa Technik Middle East (LTME) and Sanad will cooperate to develop innovation and technology solutions to digitalise maintenance, repair and overhaul (MRO) operations within the aviation industry.





 





LTME and Sanad aim to support the growing digitalisation requirements of MRO businesses by investing in research and development as they prepare for a digitalised future.





 





Both partners intend to use digital capabilities such as artificial intelligence (AI) and virtual reality (VR) to digitalise their MRO processes and optimise their overall market offerings. In line with the UAE’s strategic initiative “Operation 300bn”and its focus on deploying Fourth Industrial Revolution (4IR) technologies, the two companies aim to streamline their maintenance processes through these digital capabilities by developing and implementing digital solutions set to reduce turnaround times and costs, ultimately to better serve their end-customers. 





 





For this, Sanad, the global aerospace engineering and leasing solutions leader wholly-owned by Mubadala Investment Company PJSC (Mubadala), signed a Technology Collaboration Agreement with LTME during this week’s Dubai Airshow 2021, which concludes at Dubai World Central on November 18. 





 





“Our collaboration with Lufthansa Technik has identified common areas of improvement across MRO processes, and this agreement will seek to address these by reducing turnaround times,” Mansoor Janahi, Deputy Group CEO, Sanad said. “The