Aviation asset management and trading company EirTrade Aviation has commenced the disassembly of its first Boeing B777-300ER in Knock, Ireland West Airport.
EirTrade Aviation says that once disassembly has taken place, the harvested material will be repaired to support its B777 customer base.
The disassembly process will be coordinated in Knock and stock will be located at EirTrade Aviation’s facilities in Dublin/Knock – Ireland, and Dallas in the US.
Lee Carey, vice president of origination and trading at EirTrade Aviation, said: “There is a shortage of B777-300ER material in the market. We are experiencing strong demand and the aircraft comes with a freshly overhauled APU and landing gear with over nine years of green time remaining.
“Operators and maintenance facilities of the aircraft, who are looking to source used serviceable material (USM) for the 777-300ER to reduce maintenance costs, will be able to access the material fast as we anticipate the teardown taking just 30 days.”
Carey adds: “EirTrade has acquired multiple A320, A330 and E190 aircraft already this year together with several commercial aircraft engine types. In addition to this aircraft, EirTrade has several other B777 aircraft in the pipeline that are expected to be disassembled in Q3 and Q4 this year.”