Published on : Friday, May 10, 2019
Innovative aircraft and engines leasing, trading and part-out specialist APOC Aviation has purchased two Boeing 737–700 airframes from previous owners Infinity Transportation. MSN34303 and MSN20752 were previously in BBJ configuration operated by PrivateAir SA – as such, both aircraft accumulated low flight cycles compared to commercial usage.
APOC will co-ordinate an efficient remote teardown programme at two separate locations in Germany. All parts will be shipped back to APOC’s warehouse, close to Schiphol, in The Netherlands for evaluation and strategically selected for repair or overhaul.
Capital for this acquisition was raised through APOC’s recent crowdfunding campaign and Jasper van den Boogaard, Director of Acquisition & Trading at APOC Aviation, says that the Company’s advanced approach to a broad spectrum of investor initiatives is generating many opportunities to expand the scope of the business.
“We are proud and pleased to conclude a smooth transaction with Infinity Aviation. This is the first time that APOC has chosen to part-out B737-700s as our primary expertise has rested with the Airbus A320 family to date. These airframes will enable us to broaden our inventory and cover 50% of the global in-service fleet. As we bring these parts into our system our team will adjust to an active learning curve as we build our knowledge of the type and prepare APOC for future B737 acquisition opportunities.”
It is APOC Aviation’s development strategy to concentrate solely on the most liquid aircraft types, operated by the largest number of operators and maintained by the most MROs. The continued worldwide operation of the two most favoured aircraft types is indicative of a long-term demand for the parts, not only in today’s market, but also when more B737-800s and A321s are converted to freighters.