Aviation News Online

Air Partner announces sale of two B747-400s on behalf of China Airlines

Air Partner’s Aircraft Remarketing division (formerly Cabot Aviation), a leading aircraft remarketing agent, has arranged the sale of two B747-400 aircraft on behalf of China Airlines. The aircraft were sold on 3 March 2017 to Jet Midwest Group, a full-service commercial aircraft, engine and spare parts trading company offering complete end-of-life creative product support solutions. Jet Midwest’s fleet currently consists of B747, B757, B767, A320, F50, F100, MD80 and Saab 340 aircraft.

The aircraft, serial numbers 27965 and 29906, were originally delivered new to China Airlines in 1996 and 1999 respectively. The aircraft are powered by PW4056 engines.

“China Airlines would like to express our sincere appreciation to Air Partner for successfully completing the sale of these aircraft,” said the company in a statement.

Tamara Lumley, VP Contracts at Jet Midwest, said: “Jet Midwest is delighted with the addition to our fleet. With this transaction we have made a significant contribution to Jet Midwest’s growth plans, allowing us to provide quality aircraft that have been maintained by a top tier airline.”

Tony Whitty, Head of Remarketing and ACMI, Air Partner said: “We are delighted to have arranged the sale of these B747s for China Airlines. The widebody market continues to suffer from oversupply of used aircraft so it was a great result to complete this sale. This is our second transaction with Jet Midwest and we wish them great success with these aircraft.”

Date: March 20, 2017

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