AerSale And Sanad Group Strengthen Industry Collaboration Through Strategic Inventory Acquisition

AerSale, Inc. has announced the acquisition of a parts portfolio from Sanad Group at the Airline Economics Conference. This acquisition includes components for popular aircraft models like the 737NG, A320 Family, A330/340, Boeing 777, Embraer E-Jet, and Quick Engine Change kits. An overhauled A330 Enhanced landing-gear shipset is also part of the inventory, ensuring AerSale can meet customer needs effectively.

The collaboration between AerSale and Sanad aims to leverage their combined expertise to expand their global presence. This acquisition enhances AerSale's ability to serve a diverse customer base by broadening its inventory with high-quality parts for widely used aircraft. The partnership reflects a shared vision to optimise industry partnerships and foster long-term growth.

This agreement also boosts Maintenance, Repair, and Overhaul (MRO) synergies between AerSale and Sanad. By working together, both companies can address evolving customer demands and develop innovative aviation solutions. Their complementary strengths position them well to achieve mutual goals and deliver value worldwide.

Gary Jones, Chief Operating Officer at AerSale, stated, "This acquisition positions AerSale to better meet the needs of our global customers by expanding our inventory of top-quality parts for the most widely operated commercial aircraft." He expressed excitement about collaborating with Sanad Group to explore new MRO opportunities and innovation in aviation.

Kashish Kohli, Sanad Group's Chief Financial Officer and SVP of the Leasing Division, commented on the transaction: "This sale to AerSale is a testament to Sanad’s commitment to aligning with global industry leaders and deliver value-driven solutions for the aviation industry. The transaction reflects our continued focus on the delivery of Sanad’s strategy. By partnering with AerSale, we are creating new avenues for collaboration that will drive mutual growth and innovation. We look forward to building on this relationship and serving the evolving needs of the global aviation industry."

With this extensive parts portfolio addition, AerSale solidifies its status as a leading provider of comprehensive aviation parts and services. The company remains dedicated to offering exceptional value by maintaining high standards of quality and service for its global customers.

With inputs from WAM