7 October 2020: APOC Aviation recently closed a deal with a leading lessor Aircastle for a 2008 vintage A319 (MSN 3450) that was returned from lease by Volaris in July. This aircraft is currently undergoing its part-out in Marana in Arizona where the previous two APOC teardowns were carried out. The first serviceable parts, including landing gear will most likely be shipped back to APOC’s Rotterdam facility in the last quarter of this year.
Jasper van den Boogaard, VP Airframe Acquisition & Trading at APOC Aviation said, “The Company is focused on securing the youngest airframes possible. As operators reflect on their capacity and right-size their fleets in the COVID-19 environment we anticipate that more deals will be on the table this Autumn. Our policy is to pursue younger equipment that will be more desirable for the in-service fleet, MRO and AOG requirements. We see this as the future and anticipate that the value of older narrow body parts will decline significantly.”
APOC has a very straight forward policy – access younger aircraft components that will align with commercial operators fleet requirements as air traffic resumes. The teardown of A319 perfectly complements their recent purchases of other A320 airframe families. Access to flexible and immediate funding to take advantage of this prime asset purchase was swiftly secured through private placement.
“APOC Aviation was quick to seize this opportunity and already have closed several Airbus airframe deals this year. We want a balanced stock to support our customers. I’m expecting our next aircraft will be a B737NG. Airlines and lessors seeking swift transactions to stabilise their balance sheets are always welcome to reach out to us,” added Van den Boogaard.
Actively targeting further acquisitions requires access to capital and APOC Aviation is one of the lucky few bidders with accessible liquidity post-COVID, and a business model firmly geared to growth.
