AerFin Ltd (UK) announced today that they have taken delivery of the initial 3 A340-300 aircraft MSNs 220, 228 and 137 from the fleet of 11 A340-300 aircraft owned by Cathay Pacific Airways. AerFin was selected to provide end-of-life solutions for the A340-300 aircraft operated by the Hong Kong-based carrier. These three A340 aircraft will be disassembled to provide AerFin’s customer base with Serviceable Used Material to support continued A340-300 operations.
We see continued opportunities for selectively investing in such quality end of life A340-300 aircraft, providing AerFin with sustainable inventory to deliver innovative fleet management services in support of existing and new A340 operators, significantly lower their aircraft maintenance cost Bob James, Managing Director, AerFin Ltd
Bob James, Managing Director, AerFin Ltd commented: “We see continued opportunities for selectively investing in such quality end of life A340-300 aircraft, providing AerFin with sustainable inventory to deliver innovative fleet management services in support of existing and new A340 operators, significantly lower their aircraft maintenance cost”.
About AerFin Limited
UK-based AerFin Limited specializes in providing end-of-life fleet solutions for investors, MROs, and airlines to challenging assets. US-based CarVal Investors LLC took an 80% shareholding in AerFin in December 2014 having invested more than USD $83 billion in 5,300 transactions across 71 countries. For more information, visit www.AerFin.com and www.carvalinvestors.com.