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“It’s a first for us, and a first time this aircraft has landed at the airport” says Lee Carey, Vice President, Origination & Trading
Dublin, July 24th 2024: EirTrade Aviation, the global aviation asset management and trading company headquartered in Dublin, has commenced the disassembly of its first B777-300ER 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 and stock will be located at EirTrade’s facilities in Dublin/Knock – Ireland, and Dallas in the US.
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 aircraft’s arrival in Knock generated local excitement amongst the aviation community. Despite a cloudy day, onlookers were treated to a great view as the plane touched down for the first, and last, time.