Sanad has finalised one of the largest engine and airframe component sales to date with AerCap Materials, the materials business of AerCap. AerCap signed the landmark agreement with Sanad during the IATA Annual General Meeting in Delhi, a premier global gathering of airline industry leaders.
Valued at over AED 400 million (US$110 million), the transaction marks a significant milestone in aviation asset management. It reflects both companies' commitment to improving the availability of key aircraft components, optimising operational efficiency, and reinforcing the resilience of the global aviation supply chain, particularly in response to evolving challenges within the industry.
The deal includes a comprehensive portfolio of over 6,000 high-demand components spanning multiple aircraft platforms and lessees. These include Airbus models such as the A220, A320, A330, A340, and A380; Boeing aircraft including the 737, 777 and 787; and the Embraer E-Jet series. The inventory covers both on-lease assets currently supporting airline and MRO operations, as well as off-lease components positioned to address surging demand across global markets.
This strategic alliance enhances AerCap Materials' aftermarket capabilities while allowing Sanad to optimise its asset base and reinvest capital into targeted growth initiatives. It sets a new industry benchmark for agility, scale, and responsiveness in the management of aviation components.