EMP completes acquisition and sale of two A350s from Hainan Airlines

EMP Aviation Trading has closed the sale of two Airbus A350-941 aircraft from Hainan Airlines to EMP Aviation Trading. The aircraft, bearing MSN 251 and 260, were acquired by EMP Aviation Trading following a successful return to service and further maintenance work after a COVID-19 induced storage of the aircraft. EMP Aviation Trading sold the aircraft to lessor special purpose vehicles (SPVs) managed by GOAL German Operating Aircraft Leasing, which managed the transfer and placed the aircraft on operating lease to Fiji Airways. “We are more than thrilled that we finalized this ambitious project,” said Ulf Hüttmeyer, CEO EMP Aviation