“This deal is one of the first of its kind and our biggest contract since the firm opened its doors in May of this year. It is also an important example of the industry accepting what we are doing."
Schaumburg, IL (PRWEB) January 21, 2015
Xcēd Aviation Services is pleased to announce that we have closed a major GSE (ground services equipment) lease contract with a leading global ground services provider, and a major domestic airline out of Dulles International Airport.
“This deal is one of the first of its kind and our biggest contract since the firm opened its doors in May of this year,” said William Long, President of Xcēd Aviation. “It is also an important example of the industry accepting what we are doing. For us to land such a contract so soon validates that we are offering a competitive service product that is not currently being provided to the market.”
The extensive transaction from Xcēd Aviation includes a mix of more than 600 pieces of new and used ground support equipment (GSE), to be used by the ground services provider to service the airline. The transaction also included Xcēd providing used GSE to the ground handler on an interim basis to provide a seamless integration of service under the new contract while the new equipment was being delivered over a two month period.
About Xcēd Aviation Services and Sasser Family Holdings, Inc.: Xcēd Aviation Services was launched in 2014 as an aviation ground support equipment finance and asset management subsidiary of Sasser Family Holdings, Inc. Sasser Family Holdings is a 4th generation, family-held transportation asset services and management company with roots dating back to 1928. Other subsidiary business units include Chicago Freight Car Leasing Co., Union Leasing Inc., CF Rail Services LLC, CF Asia Pacific Group PTY Ltd, and NxGen Rail Services LLC. The subsidiary units are leaders in providing commercial and industrial-focused rail and vehicle transportation equipment solutions including asset leasing, fleet administration management, asset repair and maintenance, and innovative technology services throughout North America and Australia. For information on Xcēd Aviation, contact 844-213-9233 or http://www.xcedaviation.com. For information on Sasser Family Holdings, visit http://www.sfhsinc.com.