January 23, 2017 1:35 PM ET

Commercial Services and Supplies

Company Overview of Sanad Aero Solutions Gmbh.

Company Overview

Sanad Aero Solutions Gmbh. offers aviation equipment purchasing, leasing, and management services. It provides engine and spare part purchasing and leasing, equipment repairing, and inventory management services. Sanad Aero Solutions Gmbh. was founded in 2010 and is based in Zurich, Switzerland.

Postfach

Zurich Airport

Zurich,  8058

Switzerland

Founded in 2010

Phone:

41 58 688 57 65

Key Executives for Sanad Aero Solutions Gmbh.

Chief Executive Officer
Vice President of Finance
Chief Operating Officer
Chief Commercial Officer
Compensation as of Fiscal Year 2016.

Sanad Aero Solutions Gmbh. Key Developments

Sanad Aero Solutions GmbH and Etihad Airways Sign $265 Million Deal

Sanad Aero Solutions GmbH has announced an expansion to its existing relationship with Etihad Airways. The 12-year sale and lease-back agreement is valued at $265 million and sees Sanad add an additional 12 spare engines in support of the airline. The relationship between Sanad and Etihad Airways dates back to the company's establishment. The first deal was signed in 2011 and included the financing of GE90 and Rolls Royce Trent spare engines. Additional deals included the financing of rotable component spares in 2013 and most recently, the addition of GEnx and GP7200 engines and spare landing gear, nacelles, and thrust reversers for the airlines Airbus A380, A330, Boeing 777 and B787 aircraft.

Sanad Aero Solutions Inks Deal to Expand Etihad Spare Parts Pact

Sanad Aero Solutions announced that it has expanded its equipment leasing agreement with Etihad Airways with new assets worth $100 million. The company said in a statement that its leasing portfolio of spare engines and components with Etihad Airways now exceeds $450 million, including spare GEnx and GP7200 engines and spare landing gear and nacelles, to support the airline's growing fleet. Sanad's relationship with Etihad Airways began in 2011 through the financing of 11 GE90 and Rolls-Royce Trent spare engines, and the two companies extended this in 2013 through the financing of rotable component spares valued at over $125 million.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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