@Airbus #FIA2022 #AirbusServices #WeMakeItFly #InnovationBoca 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.” Your contact Kasper BODENHOFF JENSEN Marketing & Communications Specialist Phone: +45 324 701 28 kaj@satair.com Learn more about our Material Services A flexible offer tailored to your needs Let's go! Keywords Services Maintenance Material Subsidiaries and joint ventures SATAIR Events Airshows FIA2022 Latest news Displaying 1 - 3 of 404 Market 29 November 2023 Commercial aircraft services market value set to double by 2042 to US$ 255 billion Airbus expects the commercial aircraft services market to nearly double in value to US$ 255 billion by 2042, according to its latest Global Services Forecast (GSF) reflecting the ‘Maintain’, ‘Train & Operate’ and ‘Enhance’ categories. Driving this momentum are rebounding air traffic as well as a demand for more digitally-enabled and connected aircraft. Read more Services 28 November 2023 Vietnam Airlines selects Skywise Predictive Maintenance solution to enhance operational efficiency Vietnam Airlines has taken a significant step towards maintaining safety, enhancing sustainability and operational efficiency in its engineering operations by signing for the Airbus Skywise Predictive Maintenance (SPM) digital solution. Read more Services 24 November 2023 NAVBLUE breaks into Chinese market through Navigation Database cooperation with China’s Air Traffic Management Bureau NAVBLUE and ATMB (Air Traffic Management Bureau*, the institution under the Civil Aviation Administration of China) have signed a long-term cooperation agreement to materialise the production of the on-board Navigation Database in China to align with the Chinese data security requirements. Read more
Market 29 November 2023 Commercial aircraft services market value set to double by 2042 to US$ 255 billion Airbus expects the commercial aircraft services market to nearly double in value to US$ 255 billion by 2042, according to its latest Global Services Forecast (GSF) reflecting the ‘Maintain’, ‘Train & Operate’ and ‘Enhance’ categories. Driving this momentum are rebounding air traffic as well as a demand for more digitally-enabled and connected aircraft. Read more
Services 28 November 2023 Vietnam Airlines selects Skywise Predictive Maintenance solution to enhance operational efficiency Vietnam Airlines has taken a significant step towards maintaining safety, enhancing sustainability and operational efficiency in its engineering operations by signing for the Airbus Skywise Predictive Maintenance (SPM) digital solution. Read more
Services 24 November 2023 NAVBLUE breaks into Chinese market through Navigation Database cooperation with China’s Air Traffic Management Bureau NAVBLUE and ATMB (Air Traffic Management Bureau*, the institution under the Civil Aviation Administration of China) have signed a long-term cooperation agreement to materialise the production of the on-board Navigation Database in China to align with the Chinese data security requirements. Read more