Wednesday, July 24, 2024
Reading Time: 2 minutes
EirTrade Aviation, a leading global aviation asset management and trading company based in Dublin, has begun the disassembly of its first B777-300ER aircraft in Knock. The aircraft, MSN 32643, will be disassembled and the harvested material repaired to support EirTrade’s B777 customer base.
“There is a shortage of B777-300ER material in the market” says Lee Carey, VP Origination & Trading at EirTrade. “We are experiencing strong demand and the aircraft comes with a freshly overhauled APU and landing gear with over 9 years green time remaining. Operators & maintenance facilities of the aircraft, who are looking to source used serviceable material (USM) for the 777-300ER to reduce the cost of maintenance, will be able to access the material fast as we anticipate the teardown taking just 30 days.”
The disassembly process will be coordinated in Knock, with stock being located at EirTrade’s facilities in Dublin and Knock, Ireland, as well as in Dallas, USA.
Carey confirms that EirTrade will be managing the inventory of assets with a view to selling, leasing, or exchanging material removed from the aircraft. “EirTrade has acquired multiple A320, A330 and E190 aircraft already this year together with several commercial aircraft engine types. In addition to this aircraft, EirTrade has several other B777 aircraft in the pipeline that are expected to be disassembled in Q3 & Q4 this year.”
The arrival of the aircraft in Knock stirred excitement within the local aviation community. Despite the cloudy weather, spectators enjoyed a spectacular view as the plane landed for its first and final time.
