21 October 2024  –  AerFin, the aviation asset specialist which buys, sells, leases and repairs aircraft, engines and parts, today announces the purchase of six A330-200 PW4168 powered aircraft with enhanced landing gears. The aircraft previously operated in the Asia-Pacific region.  

The engines will support AerFin’s growing trading base of PW4000 engines.  The components and major assets from these A330 airframes will strengthen AerFin’s inventory within the widebody market, supplement its A320 common material base and provide a continued and reliable source of quality material to support its growing A330 customer base.

Reflecting on the acquisition,  Auvinash Narayen, Chief Investment Officer, said: “Our ability to work successfully as a trusted partner to the owner of these six A330s, its airline customer and the many other project stakeholders is another clear demonstration of AerFin’s technical and operational expertise. We continue to confidently execute the more complex sub-fleet exit opportunities on a global basis in a highly competitive origination environment.”

The transaction coincided with AerFin’s formal opening of its office in Singapore Office.   

Paul Ashcroft, SVP, Asia Pacific, added: “With over one thousand A330’s still in service, and with many of them operating within Asia, it’s great to see AerFin leading the way in securing the material our customers need to support their fleets safely, reliably and economically as the global fleet life continues to extend. We  provide our customers with consistently high quality Used Service Material,  and the lineage of the components from these A330s and their engines back to a well-establishedAPAC operator from OEM delivery, provides the confidence our APAC and global customers expect when assessing the traceability and quality of our product offerings.”