31 March 2020:: APOC Aviation closed on three airframe deal in the first quarter of 2020 to boost their stock of high-quality commercial parts for A320 family aircraft. They purchased two A319 airframes for teardown and one A321 aircraft sold for return to active service.
Jasper van den Boogaard, VP Airframe Acquisition & Trading at APOC Aviation said, "I recently attended the ISTAT Americas conference in Austin, Texas, where the appetite amongst lessors and owner/operators to trade such assets has not abated. No-one knows what the long-term impact of Covid-19 will be. Some sources of finance are already taking a more conservative approach whereas others are eager to grasp any aircraft that becomes available. I personally hope this introduces more sensible price levels for aircraft assets and provides us with more opportunities for much needed part-outs."
All of the harvested A319 parts will be assessed, and then APOC's audited group of US repair stations will return the stock to serviceable status prior to shipment back to the Rotterdam warehouse to form part of the Company's rapidly expanding inventory of spares for sale and lease.
Boogaard also negotiated the sale of a recently purchased 1999 vintage A321-211 to an undisclosed European operator.
"This aircraft was acquired from the Thomas Cook bankruptcy for a further planned APOC part-out. However, due to the high demand for A321s and because of the MAX groundings, the onward sale and return to active service was a calculated decision."
Further acquisitions are in the pipeline for APOC Aviation and these will come on-stream in the second quarter of 2020.
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