Aventure Aviation has acquired its first Boeing 737NG airframe, MSN 28497, for teardown. The airframe is currently stored at Cotswold Airport in the UK with Air Salvage International.

The aircraft, last operated by Jet Time A/S in Denmark, is currently equipped with a half-life APU and 7+ years of green time remaining on landing gear. It was recently removed out of service and has been subject to a maintenance storage plan ever since.

"This is an exciting new purchase for Aventure. As the aviation industry looks to rebound from the lows earlier this year due to COVID-19, it has become abundantly clear that the 737NG platform will continue to lead the recovery. Coupled with the recent trend in converting a number of older 737NGs into freighters, there will remain a strong demand for parts support going forward." said Aventure Vice President, Talha Faruqi

"We continue to see interesting opportunities to purchase aircraft part-out," Mr. Faruqi added. “As the commercial aviation industry continues to struggle, operators and leasing companies are searching for reputable companies that are willing to step-up and take on their surplus aircraft. Aventure has the financing and capabilities to purchase these assets.

Aventure is also presently considering the acquisition of several other Airbus, Boeing and Bombardier aircraft, focusing on end-of-life aircraft for dismantling and conversion purposes.