M&A Deal Summary |
|
|---|---|
| Date | 2023-11-14 |
| Target | Sanad - Five General Electric GE90 Engines |
| Sector | Aerospace |
| Buyer(s) | AerCap |
| Sellers(s) | Sanad |
| Deal Type | Divestiture |
SEARCH BY
Try For Free 7-Day Free Trial
AerCap is the largest owner of commercial aircraft in the world and the most active aircraft trader. The company offers aircraft asset management services, such as remarketing aircraft; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft; and conducting ongoing lessee financial performance reviews. AerCap was incorporated in 1995 and is based in Dublin, Ireland.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector (Aerospace) | 2 of 2 |
| Type (Divestiture) | 2 of 2 |
| Country (United Arab Emirates) | 1 of 1 |
| Year (2023) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2021-03-10 |
GE Capital Aviation Services
Shannon, Ireland GE Capital Aviation Services (GECAS) is an aviation lessor and financier that has partnered with customers to find solutions to their challenges and helped their businesses to thrive. GECAS offers a broad array of financing products and services on these assets including operating leases, purchase/leasebacks, capital markets, and airframe parts management. GECAS owns, services, or has on order approximately 1,700 aircraft. GECAS serves over 200 customers in ~75 countries from a network of 15 offices around the world. |
Buy | - |
Sanad is an aerospace engineering and leasing solutions and supports commercial aviation with world-class maintenance, repair, and overhaul (MRO) services and financing solutions. Sanad is based in Abu Dhabi, United Arab Emirates.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Aerospace) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| Country (United Arab Emirates) | 1 of 1 |
| Year (2023) | 1 of 1 |
