(MENAFN) Sanad Aero Aolutions (Sanad), Mubadala's spare engine and component leasing and financing company, plans to increase its portfolio value to more than USD1.5 billion by 2020, up from over USD900 million today, Gulf News reported.
Chief Executive said that engine and components for Boeings 787 Dreamliner are likely make up a significant proportion of future assets.
"At the end of the next five years I would expect the 787 to be as much as 10 [to] 20 per cent of our portfolio," he said.
US aircraft manufacturer Boeing has received 1,071 orders for the long-haul jet, as of January 2015.
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