Vallair purchases another A321 and expands cargo conversion portfolio

Published on : Thursday, August 30, 2018

indexVallair, the aircraft trading, leasing and specialist MRO organisation, has added a further A321 aircraft (MSN1017) to its portfolio under lease.  The aircraft was purchased from Plane Business and it forms part of Vallair’s recent purchase of six A320 family aircraft, all of which will be attributed to short term lease agreements. These aircraft will ultimately serve as ongoing feedstock for the Company’s launch of the Airbus A321-200 P2F cargo conversion programme. A full maintenance ‘C’ check will be carried out in Thailand prior to arrival at Vallair’s MRO facility in Montpellier, France, before hand-over to the new lessee airline.

 

Peter Koster, Head of Cargo Conversions Business Unit at Vallair, says the Company is intensifying the build-up of its portfolio of leased assets, with a bias to more mature aircraft.  “From a single aircraft in 2017, our fleet has now grown to sixteen. We’re meeting operators’ diverse needs by taking end-of-service aircraft and extending the life of these assets via the creation of cost-effective and flexible lease options. After cargo conversion these aircraft will form the cornerstone of Vallair’s growth strategy as we seek to meet the increasing demand of operators worldwide.”

 

Vallair is a fast-growing aviation company headquartered in Luxembourg with facilities in Chateauroux and Montpellier in France. It provides integrated support for mature aircraft, engines and major components. Six complementary business units are founded upon engineering excellence: trading & leasing, aircraft teardown, aircraft MRO, engines, aero-structures & painting, and cargo conversions. These offer aircraft operators and owners worldwide cost-effective solutions to extend the life of their assets, or dispose of them in an economically beneficial and environmentally acceptable way. Vallair is a leading player in the trading and leasing of A320 family, ATR and B737 aircraft.

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