ACC Aviation, the global aviation services group, has successfully disposed of two de Havilland Dash 8-100 combi-configured aircraft (MSN 258 and 324). ACC Aviation’s Asset Management Division was exclusively mandated by Canadian North, a Canadian based regional airline.
Working in close association with Canadian North and utilizing its long-standing industry relationships and expertise, ACC Aviation carried out full due diligence processes on the sale and provided full transaction oversight. In addition, ACC Aviation undertook desktop valuations on both aircraft to set and manage internal pricing expectations for Canadian North.
Guiding and leading the commercial negotiations, ACC Aviation ensured that all terms were fair and in line with industry standards between the two parties and that Canadian North’s interests were well represented throughout the process. ACC Aviation also managed, reviewed, and advised on all transaction-related documentation.
“We are very pleased to have concluded the disposal of these two, niche aircraft in a short period of time, maximizing resources within ACC Aviation’s global offices. Working between our US and Middle East offices, we were able to transact the deal efficiently and seamlessly,” said Robert Sitta, VP Asset Management at ACC Aviation.