AMS Aircraft Services Limited (“AMS”) and EastMerchant Capital GmbH (“EastMerchant”) are pleased to announce the sale of five B747-400 aircraft on behalf of China Airlines Limited. AMS and EastMerchant acted as joint remarketing agents for the aircraft.
China Airlines is the Flag Carrier and national airline of Taiwan and is a member of the SkyTeam alliance.
Mike Skinner, CEO of AMS stated “It is universally accepted that selling older, wide body aircraft presents a significant challenge to airlines, lessors and manufacturers. With over one hundred B747-400 aircraft in storage, we were aware of this challenge from the start of the remarketing campaign but were confident that the challenge could be overcome.
Overcoming challenges and developing unique solutions, in both aircraft remarketing and cross-border asset financing, describes the business philosophy of AMS and EastMerchant and we both look forward to using our respective experience and expertise to bring future projects to a successful conclusion.”