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APOC Aviation Acquires A320s for Part-Out in China

Photo: Photo: APOC Aviation

 

Photo: APOC Aviation

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The aircraft and engines leasing, trading and part-out specialist APOC Aviation has acquired three A320 airframes for part-out.

The aircraft, msn 712, msn 718 and msn 720 were formerly owned by CALC Group (China Aircraft Leasing Group) from China Southern Air Leasing earlier this year.

APOC will retain CALC Group’s MRO joint venture, FL ARI Aircraft Maintenance & Engineering Company Ltd to perform the part-out on the Company’s behalf in CALC’s aircraft recycling facility in Harbin, China.

The process is expected to be completed this summer and after which stock will be strategically offered in the Asia market, or partly shipped to APOC’s warehouse in the Netherlands for sale and used to support aircraft on ground requirements 24/7 worldwide.

Jasper van den Boogaard – Director Acquisition & Trading and ISTAT Certified Appraiser at APOC Aviation, said: “This is APOC’s first significant deal in China and the acquisition of these three A320 airframes is indicative of our intention to expand our business in Asia. Using local tear-down specialists maximises cost-efficiency from the outset as concurrently we replenish our stock of universally desirable A320 components, retain value in those parts, and sustain competitive prices.”

Mike Poon, Chief Executive Officer at CALC, said: “We are very pleased to work with APOC Aviation. With the expertise and experience of both teams, we will complete the transactions with flexibility and efficiency. This deal has showcased CALC as a complete aircraft value-chain solutions provider thanks to the abundant resources of the Group’s multiple integrated business platforms.”

APOC Aviation says it is pursuing a “fast-growth strategy” and that its new engine trading division builds engine stock for trading, leasing or teardown with a focus on CFM56-3/5A/5B/7B and V2500-A5 engines.

It said: “The Company is continually adding to commercial aircraft parts stock through targeted purchase of end-of-life narrowbody airframes.” The company is based in Delft, The Netherlands, between Rotterdam Airport and Amsterdam Schiphol, and holds large stock of quality parts for the aviation industry in its own temperature-controlled warehouse which are sold in both AR/SV conditions.

Source: APOC Aviation

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