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AerFin announces September acquisitions of one A320-200 and one A340-300 aircraft

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AerFin Ltd (UK) announces the acquisition of Airbus A320-214 MSN 925 from Intertrade – a Rockwell Collins company and delivery of a fourth Airbus A340-300 MSN 136 from Cathay Pacific Airlines during September.

Both aircraft will be disassembled for spare parts recovery, with serviceable inventory stored at AerFin’s 24/7 distribution facility, located at London Gatwick Airport and 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 A320 and A330/A340 platforms. The CFM56 engines will be disassembled by AerFin at their newly refurbished 100,000 sq. ft. facility in Europe.

Speaking about the acquisitions, AerFin CEO, Bob James said, “These latest acquisitions will strengthen our core platforms and allow AerFin to continue to support our airline and MRO customers with consistent and innovative nose-to-tail solutions, providing 24/7 AOG support to all of our customers worldwide”.

About AerFin Limited

UK-based AerFin Limited specialises 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.

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