Newsletter Subscription

Friday, July 29, 2016

IBA Manages the Transition of 1st A340-600 Aircraft into the Secondary Market

  • IBA has completed the transition of an ex-Virgin Atlantic A340-600 aircraft into Hi-Fly Malta.

The aircraft is the first of its type to transition into the secondary market following its redelivery from Virgin last year.  IBA acted as Technical Adviser to a syndicate of banks during both the original redelivery from Virgin and for the delivery to Hi -Fly.

A spokesman for IBA said “We are very pleased to have been able to complete this delivery against a tight timeframe to the Maltese Operator in time for their peak season requirements.  It has been a difficult process and one that has required a high degree of both technical and commercial expertise from our in-house team.” A spokesman for the syndicate of banks said, “IBA did an excellent job advising the banks in the delivery process.”

Your company’s press release on ASDNews and to thousands of other journalists and editors? Use our ASDWire press release distribution service.

Source : International Bureau of Aviation

Published on ASDNews: Jul 4, 2013


Aircraft Economic Life Summit 2016

Nov 22, 2016 - Dublin, Ireland

Register More info

© 2004-2016 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs