EirTrade Aviation, the global aviation asset management and trading company, has begun disassembling its first B777-300ER in Knock, Ireland. The aircraft, MSN 32643, will be dismantled, and the retrieved materials will be repaired to support EirTrade’s B777 customer base.
“There is a shortage of B777-300ER material in the market,” said Lee Carey, VP Origination & Trading at EirTrade. “We are experiencing strong demand and the aircraft comes with a freshly overhauled APU and landing gear with over 9 years green time remaining. Operators and maintenance facilities looking to source used serviceable material (USM) for the 777-300ER to reduce maintenance costs will be able to access the material quickly, as we anticipate the teardown will take just 30 days.”
The disassembly process will be coordinated in Knock, with the stock located at EirTrade’s facilities in Dublin and Knock in Ireland, and in Dallas, US.
Carey confirmed that EirTrade will manage the inventory of assets with the intention to sell, lease, or exchange materials removed from the aircraft. “EirTrade has acquired multiple A320, A330, and E190 aircraft already this year, along with several commercial aircraft engine types. In addition to this aircraft, EirTrade has several other B777 aircraft in the pipeline that are expected to be disassembled in Q3 and Q4 this year.”
The aircraft’s arrival in Knock generated local excitement within the aviation community. Despite a cloudy day, onlookers enjoyed a great view as the plane touched down for the first and last time.
EirTrade Aviation, headquartered in Dublin, Ireland, with facilities in Dallas, Atlanta, Knock, Barcelona, Vilnius, and Beijing, is dedicated to serving MROs, operators, and lessors. EirTrade offers a comprehensive range of asset management services, including end-of-life asset management, engine and aircraft parts trading, aircraft storage and disassembly, engine disassembly, consignment programmes, and technical storage and services.
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