International Lease Finance Corp. (ILFC) has parted out nine aircraft in-house so far this year, and expects to increase the number of aircraft it breaks down for spares in the next year. The parting-out strategy, to some degree, grew out of the October 2011 acquisition of a company that provides aircraft dismantling services. But it also reflects financial pressures on Europe’s airline industry, which resulted in unforeseen liquidations and bankruptcies for a number of ILFC customers. ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "ILFC Finds Unexpected Value In Parting-Out Business".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.