Stratos has continued its successful placement of various aircraft for third-parties. The company recently arranged the sale of an ex-Philippine Airlines’ B777-300ER,
MSN61733, which was delivered to a leading Middle Eastern VIP operator. The six-year-old aircraft was sold on behalf of a syndicate of mainly European lenders led by NordLB who retained Stratos to repossess and remarket the aircraft. The buyer plans to convert the cabin into a VIP configuration for deployment in its home market.
“We are delighted to have successfully disposed of this aircraft and are incredibly appreciative of Stratos’ expert support to have placed and managed the complex recovery and delivery process” said Frank Wulf, Global Head of Aviation, NordLB.
Separately Stratos has arranged the long-term lease placement of an ex-Virgin Australia A330-200, MSN1293, with a leading European flag carrier on behalf of the owners, Global Knafaim Leasing. The aircraft had been stored and was delivered in the past two weeks following a year-long remarketing campaign.
The third wide-body delivered was a B777-300ER, MSN37896, to a major carrier in the Middle East in a lease transition from Cathay Pacific. The aircraft was the second of two sister ships to be remarketed following their respective lease expires.
In total, since the COVID-pandemic Stratos has leased or sold 31 aircraft including nine which are third-party remarketed aircraft – i.e. not part of its existing managed fleet. The recent remarketing tally includes 14 widebodies (777s and A330s), bringing its total aircraft deal count above the 200 mark – 59 aircraft sourced, 58 remarketed and 83 financed since the company’s inception ten years ago.
