EirTrade Aviation, the Dublin-based global aviation asset management and trading company, has strengthened its presence at Knock, Ireland West Airport, by achieving three significant milestones. These include a servicing agreement for four Airbus A330 aircraft, the addition of A330 line maintenance approval and the relocation of its AFRA-accredited engine disassembly facility to the same site.
The dismantling of the first two A330s, MSN 602 and MSN 607, is under way and will conclude within four weeks. “Dismantling of the first two A330 airframes following redelivery will complete in four weeks’ time, however EirTrade will remarket and lease the CF6-80E1 engines to monetise remaining green time,” explained Chief Investment Officer Lee Carey. “Once they are unserviceable, the engines will also be disassembled and the components sold to support EirTrade’s A330 customers.”
All inventory removed from these aircraft will be sold, leased, or exchanged to reinforce the company’s global A330 customer network.
In tandem with this acquisition, EirTrade has added EASA Part 145 line maintenance approval for the A330 (GE CF6), A330 (PW 4000), A330 (RR Trent 700) and A330neo (RR Trent 7000) to its capabilities. Carey verified that the addition of the aircraft type will improve efficiency and the product offering for EirTrade’s customers.
This latest approval builds on EirTrade’s existing maintenance capabilities for multiple Airbus and Boeing types, including the A320 family and 737 series.
In a parallel development aimed at cost efficiency, EirTrade has moved its AFRA-accredited engine disassembly operations to Knock. The upgraded facility now handles CFM56-3/-5A/-5B/-7B/-7BE engine types, broadening the company’s technical scope.
“EirTrade can now provide all maintenance services, aircraft disassembly, and engine disassembly services to customers from our facility at Ireland West Airport,” Carey added. “This streamlines EirTrade’s operational efficiency across the organisation and supports our wide range of services, including Asset Servicing, Leasing, Maintenance, Disassembly and Component Sales.”
