EirTrade Aviation is a Dublin, Ireland-based global aviation asset management and trading company. On February 28, it has announced it is to manage the disassembly and consignment of the first two Boeing B787-8s to be retired from commercial service. The two ten-year-old Dreamliner aircraft will be simultaneously disassembled. The disassembly process will be coordinated in Prestwick, Scotland and managed by Steven Trowell, Hangar Manager for EirTrade. Trowell predicts that the disassembly process will take roughly three months, with parts expected to be available in late Q1 2023. EirTrade has also been ramping up its aircraft disassembly activities at its facility in Knock, Ireland West, focusing on Airbus and Boeing aircraft.
Ken Fitzgibbon, CEO of EirTrade Aviation said that with the first B787s approaching the 12-year check, the disassembly of these two B787 aircraft could not come at a better time for operators and maintenance facilities of the aircraft looking to source used serviceable material (USM) for the aircraft to reduce the cost of maintenance. “As no B787s have been retired from commercial service to date, there is almost no USM market for this platform at the moment. We are entering into a specialist area and hope to become a market leader in the provision of USM for the platform which will enable the reduction of the cost of maintenance events for B787 aircraft owners.”
Lee Carey, VP Asset Management at EirTrade, believes that the company's proven track record and global network were pivotal in securing the deal and commented: “Our targeted relationships with airlines, MROs and OEMs on the B787 platform were crucial to securing this project and maximising the value of the two aircraft.”
