EirTrade Aviation has confirmed its role as servicer for four Airbus A330-300 aircraft acquired by Scissortail Aviation International Leasing I Limited (SAIL I Ltd.), an entity managed by its parent company, Acorn Capital Management.

The aircraft, currently on lease with a major airline, will be managed by EirTrade during the term of the lease and through the end-of-life phase. This includes greentime engine leasing and disassembly, ensuring optimal value recovery from both engines and airframes. The partnership further strengthens EirTrade’s position as a trusted provider of asset management solutions.

Ken Fitzgibbon, CEO of EirTrade Aviation, stated, “This is a huge milestone for EirTrade Aviation as we continue to grow our asset management capabilities and demonstrate the proficiency of the relationship between EirTrade & Acorn Capital Management. The acquisition signals confidence in the platform we’ve built at EirTrade and the expertise we bring to managing complex, high-value assets.”

Lee Carey, Chief Investment Officer at EirTrade Aviation, also commented: “Following on from the existing lease terms, the engines and airframes will provide the business with an excellent pipeline of high-demand material and greentime engines to support our customers operating A330 aircraft. This transaction reinforces the strength of our internal collaboration with Acorn and positions EirTrade to deliver even greater value across the A330 platform.”

Justin Chung, Head of Alternative Credit Strategies at Acorn Capital Management, added: “This partnership with EirTrade is a critical step in our strategy to ensure long-term value across our aviation portfolio. Their extensive experience in asset management, particularly within the A330 space, aligns perfectly with our goals and enhances our ability to capitalise on emerging opportunities.”

EirTrade’s expertise in managing aircraft assets through their entire lifecycle, from in-service operation to end-of-life solutions, ensures that each aircraft is optimally managed to deliver maximum value. This transaction marks a significant milestone in EirTrade’s continued expansion into full-lifecycle asset management, reinforcing its position as a trusted partner for lessors, investors, and operators worldwide.

Technical – asset manager, Eoin Doherty discusses the key influences of component value following aircraft disassembly, in the April issue of AviTrader MRO 360°.

Doherty comments, “As a supplier of USM, EirTrade ensures the highest quality standards of all our material. It is vital to us that our inventory comes with approved release certificates, including EASA, FAA and CAAC certs. In addition to this, we have dedicated teams responsible for ensuring the highest standard of technical paperwork and back-to-birth traceability.”

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Article courtesy of AviTrader

Senior Sales Manager, Dan Trigg, and Purchasing & Sales Manager, Jake Glover, discuss the spare parts components market, in the March issue of Freighter Trends.

Trigg comments, “The spare parts components market is on that continues to grow in both value, complexity and competitiveness. To stay ahead of the curve, it is vitally important to procure in an efficient and pro-active way.”

Glover adds, “The ongoing OEM backlog continues to disrupt aftermarket parts flow, however signs of improvement are emerging. At EirTrade Aviation we feel that a hybrid approach utilising both USM and OEM parts can help improve delivery timelines and offer cost-effective solutions for customers.”

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Article courtesy of Freighter Trends.

Business Development Manager, Christen Grant, discusses the trends driving the demand for aircraft disassembly and the role it plays in addressing supply chain issues, in the March issue of Freighter Trends.

Grant comments, “The delay in delivering new aircraft to the market coupled with engine issues and demand for P2F conversions in recent times, particularly on narrowbody aircraft, has contributed to an inflation of the market value, particularly B737NG and A321 aircraft.

“There is a huge demand for Used Serviceable Material (USM) for these aircraft types but the inflated values in recent times have made it more difficult to acquire such aircraft for the purpose of disassembly.”

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Article courtesy of Freighter Trends.

Quality Manager, Jim Maguinness, shares an insight into how aircraft end-of-life activity is evolving to maximise value while reducing environmental impact, in the March issue of MRO Management.

Maguinness comments, “Our goal is to maximise the value of the asset and return all reusable parts, materials, and components into service. We are committed to employing best management practices in the disassembly of end-of-life aircraft, ensuring optimal environmental sustainability and performance.”

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Article courtesy of MRO Management.

Just 2 weeks to go until MRO Americas in Atlanta, Georgia! From 8-10 April, our team looks forward to connecting with customers and colleagues.

Please contact the team directly to arrange a meeting:

• Ken Fitzgibbon, CEO
• Paul Gleeson, Chief Commercial Officer
• Lee Carey, Chief Investment Officer
• William Thompson, VP Origination & Trading – Americas
• James Grey, Director of Sales & Purchasing
• Christen Grant, Business Development Manager
• Peter Murray, Senior Key Account Manager
• Jeffrey Lee, Sales Manager Americas
• Jake Glover, Purchasing & Sales Manager
• Erik van Son, Repairs Manager
• Pádraig Pearson, Repair – Operations Executive

EirTrade Aviation was delighted to be named as one of the Aviation Business News Best Places To Work in Aviation companies in 2024.

Natasha Whitney, HR Director, discusses the formula that ensures a positive working culture for staff at EirTrade in the recent ABN Best Places to Work in Aviation Supplement. “Investing in our employees is a top priority and we do this in many ways from offering career progression opportunities to prioritising the wellness of our staff and ensuring they have a healthy work/life balance.

“All of these factors have contributed to making EirTrade one of the best places to work in the aviation industry.”

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Or click here to find out more about our career opportunities.

Article courtesy of Aviation Business News.

1 month to go until MRO Americas in Atlanta, Georgia! We look forward to connecting with customers and colleagues from 8-10 April.

Please contact the team in advance to arrange a meeting:

• Ken Fitzgibbon, CEO
• Paul Gleeson, Chief Commercial Officer
• Lee Carey, Chief Investment Officer
• William Thompson, VP Origination & Trading – Americas
• James Grey, Director of Sales & Purchasing
• Christen Grant, Business Development Manager
• Peter Murray, Senior Key Account Manager
• Jeffrey Lee, Sales Manager Americas
• Jake Glover, Purchasing & Sales Manager
• Erik van Son, Repairs Manager
• Pádraig Pearson, Repair – Operations Executive

EirTrade Aviation looks forward to connecting with customers and colleagues at ISTAT Americas in Phoenix , from 2-4 March.

To arrange a meeting, please contact the team directly:

• Lee Carey, Chief Investment Officer
• William Thompson, VP Origination & Trading – Americas

Senior Sales Manager, Dan Trigg, shares an insight into how EirTrade Aviation uses innovative parts inventory strategies to enhance customer support, in the January/February issue of MRO Management.

Trigg comments, “We look to procure in-demand and high changeover spares to have on the shelf ready to ship for any urgent customer requirements. We have a huge team on site ensuring all urgent requirements can be met. All inventory and related data are stored in our operating system for quick access, ensuring an efficient and speedy response to all customer requirements”

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Article courtesy of MRO Management.