APOC Aviation is collaborating with Elbe Flugzeugwerke GmbH (EFW) and Switzerland-based Eco-FLY in the first part-out project to take place in Rothenburg (EDBR) airport in Germany.
The A320 airframe (MSN 1823) was acquired by APOC from a leading US-based investment company and last operated by SmartLynx. EFW will undertake the part-out for APOC and, together with Eco-FLY, build best practice for fuselage disassembly to evaluate recycling concepts for aircraft on an industrial scale at the airport in Rothenburg to establish a blue-print for future programs.
APOC’s access to flexible and immediate funding, swiftly secured through private placement, facilitated this prime asset purchase. However, Jasper van den Boogaard, VP Aircraft Acquisition & Trading, says that stitching this complex deal together required commitment and great teamwork from all parties. “Despite the difficulties of travel, by staying airside we were able to assemble the different strings that made closing agreements feasible in this highly challenging market. We’re proud to engage EFW and acknowledge the investment and energy required to bring a sustainable industry to a region where there is a pool of talented technicians eager to embrace new skills.”