EirTrade Aviation secures A320neos to boost material availability
Global aviation asset trading and material management company EirTrade Aviation has completed the acquisition of two six-year-old A320neo aircraft powered by PW1127G geared turbofan engines.
The engines will be made available for sale to help ease the continuing global shortage of spare PW1100-series units, while both airframes will be disassembled at EirTrade Aviation’s facility at Ireland West Airport Knock to support its expanding A320neo customer base.
Lee Carey, chief investment officer at EirTrade Aviation, said: “We are attuned to market demand and align our acquisitions accordingly to support the needs of our customers. EirTrade Aviation has previously disassembled other new technology aircraft, being the first company to disassemble B787 aircraft retired from commercial service.”
EirTrade Aviation worked with Seagull Aviation, which acted as CAMO and provided technical representation during the delivery process.
The aircraft have now arrived at EirTrade Aviation’s maintenance facility in Knock, where they are in storage pending the start of disassembly. Teardown will begin once the engines and APU have been removed, with material expected to be released to the market before year-end.
Carey added: “There are currently over 4,000 A320/321neo aircraft in commercial service with a further 7,100 on order. The platform will constitute the largest commercial aircraft fleet worldwide, and EirTrade Aviation is committed to supporting owners and operators of these aircraft.”