Sanad and AvAir have come together to provide asset management solutions for a vast array of Airbus, Boeing, and Embraer components. All material will be made available for exchange to AvAir’s network of customers worldwide.
Steven Solomon, AvAir Vice President of Sales, said: “We are pleased to announce this new program with Sanad that will greatly increase the inventory that we are able to offer to our customers on an exchange basis. The aviation industry needs a viable solution to address the long lead times on component repairs caused by the recent disruption in global supply chains. The material made available through our pool will keep our customers flying while their components undergo the lengthy repair process.”
Kashish Kohli, Group Chief Financial Officer of Sanad Group, said: “Through our agreement with AvAir, we aim to optimize our inventory and continue to support the growing need for components for the operators globally. This arrangement provides us additional liquidity to support our customers across various industrial sectors.”
According to AvAir, with this agreement, both the companies will create one of the world’s largest component exchange pools, allowing customers access to overhauled and serviceable components, when and where they are needed.