"support" and"Iro Sil" A strategic deal to sell a aircraft reservoir inventory
Abu Dhabi, February 6 / WAM / Sanad Group, the leading global company in the field of aviation engineering and financing solutions fully owned by Mubadala Investment Company, Mubadala, announced the acquisition of the ARSALE company that specializes in providing aviation products and services on a large package of cutting stocks Aircraft spare parts.
The deal includes high-order components of aircraft of the most prominent models including 737NG, Airbus A320, A330/340, Boeing 777, Ember E-CT, as well as the Rapid Motor Change Tools Group.
The inventory also includes an improved Airbus A330 flying equipment that includes the exact tracking feature of the components, allowing Arsale customers to reach continuous support that meets their needs.
This strategic acquisition is enhanced by Arsale’s ability to meet the increasing needs of its global customer base, and supports the Sanad group strategy to enhance industrial partnerships and improve the portfolio of its various components to achieve long -term growth. Arsale and Sanad’s collaboration reflects a common vision to take advantage of integrated experiences and expand their presence on a global scale. This partnership also enhances ARSALE’s ability to serve a diverse and growing customer base globally, by expanding the scope of its stock to include high -quality spare parts for widely used aircraft.
The “Sanad” group continues to implement its basic strategy by enhancing its partnerships with the leaders of the sector to provide value -added solutions.
Gary Jones, CEO of Operations at Arsale, said this deal will put Arsale in a site that allows it to better meet the needs of its international customers by strengthening its stock of high -quality spare parts for the most used commercial aircraft models.
He expressed aspiration to cooperate with the “Sanad” group to explore new opportunities to expand maintenance, reform and age services and continue to enhance innovation in the aviation sector.
For his part, Kashish Kohli, Financial Director and Vice President of the Leasing Department of “Sanad” said that the conclusion of this deal with Arsale confirms the commitment of “Sanad” in cooperation with the leaders of the sector and global industry leaders, and providing solutions with added value to the aviation sector.
He added that this deal reflects the continuous focus on implementing the group’s strategy, explaining that through partnership with Arsale, we open new horizons for cooperation that stimulates joint growth and mutual innovation.
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