APOC partners with Willis Lease Finance Corporation for 737-800 teardown at Teesside International Airport, UK

“We were particularly interested in this airframe as our initial inspection showed the parts installed are perfect for our stock, most having come directly from the KLM/Air France B737-800 component pool” says Jasper van den Boogaard, VP Airframe Acquisition & Trading

The Netherlands/United Kingdom, July 22 2022: APOC Aviation is collaborating with Willis Aviation Services Limited (“WASL”), a wholly owned subsidiary of Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis Lease”) in APOC’s first part-out project to take place at their Teesside Airport facility in the UK.  The B737-800 airframe was acquired by APOC through leading Dutch asset investment manager, Arena Aviation Capital. APOC has signed a framework agreement for this and future teardowns at Teesside Airport with the experienced end-of-life solutions provider, WASL.

Jasper van den Boogaard, VP Airframe Acquisition & Trading at APOC, explains that active project management and close cooperation is key for the successful completion of a project of this type. “We highly value the services provided by WASL and their specialist part-out team. The project has run very smoothly from the start, and we are working closely with the team onsite. Our full involvement at all times means that our customers can benefit from acquiring parts directly from the project.”

“We are honored to support industry leaders like Arena and APOC and that they entrusted their asset with our Part 145 MRO services and dedicated disassembly team at our newly refurbished hangar. With our experienced and dedicated engineers along with APOC’s expertise and industry knowledge, the project has been a success, providing APOC with specific components when required,” said James Cobbold, Director Sales at Willis Lease.

Van den Boogaard adds, “We have completed several deals with Arena to date and it is always a pleasure doing business with them and their professional team. We look forward to continuing this positive relationship in the future.”

APOC have good levels of stock readily available at their global hubs located in The Netherlands, Singapore and Miami. With secure and readily available funding, APOC continually assess the marketplace for the right airframe acquisitions to add the youngest and most desirable components to their growing A320 and B737NG parts inventory.