AerFin Ltd (UK) announces the delivery of Airbus A340-300 MSN 142 from Cathay Pacific Airlines during February. MSN 142 is the fifth aircraft to be delivered to AerFin as part of the end-of-life solution for Cathay Pacific’s fleet of 11 A340-300 aircraft.

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15 Feb 2016

AerFin announces February acquisition of one (1) A340-300 aircraft

AerFin Ltd (UK) announces the delivery of Airbus A340-300 MSN 142 from Cathay Pacific Airlines during February. MSN 142 is the fifth aircraft to be delivered to AerFin as part of the end-of-life solution for Cathay Pacific’s fleet of 11 A340-300 aircraft.

This latest acquisition strengthens AerFin’s presence in the A330/340 used material market and allows AerFin to continue to support our airline and repair organisation customers with consistent and innovative nose to tail solutions, providing 24/7 AOG support to all of our customers worldwide Bob James, Managing Director, AerFin Ltd

This aircraft will be disassembled for spare parts recovery, with serviceable inventory stored at AerFin's 24/7 distribution facility, located at London Gatwick Airport or at various strategic hubs around the world. The additional inventory will be used to support our growing customer base with a cost-effective and consistent supply of components for Airbus A330/A340 platforms.

The CFM56 engines will be disassembled by AerFin at their newly refurbished 100,000 sq. ft. facility in Europe

About AerFin Limited

UK-based AerFin Limited specializes in providing innovative solutions for operators, MROs, and financial institutions that substantially reduce the overall cost of ownership for aircraft and engine owners. US-based CarVal Investors LLC took an 80% shareholding in AerFin in December 2014. CarVal Investors' experienced team has navigated ever-changing credit market cycles, investing more than USD 83 billion in 5,300 transactions across 71 countries.

For Further Information

AerFin Limited

Andrew Lawrence Commercial DirectorTel +44-292-0109-894

Parc Bedwas, 2 Greenway, Caerphilly, Cardiff, CF83 8DW

phone AOG