Boca Raton, FL, July 20 2022 - Satair, an Airbus Services company, and VAS Aero Services, a leader in aviation logistics and aftermarket services including end-of-life support, have signed an agreement under which Satair acquires VAS Aero Services, through its US subsidiary, Satair USA, Inc. VAS will continue as a separate enterprise, with operational sites and offices in Boca Raton (FL), Kent (WA) and London (UK), expanding Satair’s global footprint and aviation aftermarket service capabilities.
The acquisition complements Satair’s existing offerings through VAS’ expertise in managing engine and multi-fleet Used Serviceable Material (USM) products, which will play a key role in Satair’s strategic growth initiative in this segment.
“The customers’ demands are changing and we observe a clear prioritization of maximizing value through the complete aircraft lifecycle and beyond, focusing on cost-effectiveness and sustainability. With this acquisition, we are addressing the customers’ needs and securing Satair’s future footprint as a leading player in the material and USM business. Thereby, we are enhancing our capabilities to serve our customers and OEMs through the complete aircraft lifecycle. This acquisition is also a natural fit to Satair’s overall strategy and a complement to the Airbus sustainability agenda at large,” says Bart Reijnen, CEO of Satair.
Adi Bernstein, VAS Executive Chairman, said that “As owners and stewards of VAS for the past 10 years, David Alcalay and I viewed this joining with Satair and Airbus as a natural next step in the evolution of VAS Aero Services. The agreement follows years of Satair and VAS working together on servicing, warehousing as well as certification and distribution of USM products, including excess and surplus inventory.”
Satair’s existing offering has continuously grown over the years and recently Satair introduced its digital Marketplace, an e-commerce solution for material at competitive prices. VAS will tie into the parts channel of Satair, fostering new capabilities to this innovative and first-of-its-kind online Marketplace by offering an end-to-end transaction and fulfillment capability at significantly lower cost.
Tommy Hughes, CEO of VAS Aero Services, adds “VAS and Satair have worked closely for years; this acquisition further strengthens that bond, while giving our customers access to even more resources and USM products to prolong the useful life of their aviation assets. The Satair-VAS alliance offers a broader reach, a deeper service capability and cost efficiencies that will afford us a competitive advantage. Together, we are well-positioned to respond to changing market demands and lead with parts and service solutions that enable customer success.”
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About VAS Aero Services
VAS Aero Services, LLC is a leading provider of aftermarket services in the aviation industry. VAS sources, warehouses, and markets aftermarket components across a broad range of aircraft and engine platforms and provides related services to airlines, MROs and OEMs around the world. Visit www.vas.aero.
About Satair
Satair is a global company and world leader in the commercial aerospace aftermarket. The company supports the complete life cycle of the aircraft with a full and integrated portfolio of flexible, value adding material management products, services and tailored support modules across all platforms. As a key part of Airbus customer services, Satair has exclusive or primary distribution arrangements for aerospace component manufacturers, and supplies parts to multi-fleet customer airlines and MRO companies. It also fulfills the material service support obligation for the in-service fleet of more than 7,000 Airbus aircraft. Visit www.satair.com.