Aventure Aviation Acquires 21st Boeing 737NG

Aventure Aviation has acquired its twenty-first Boeing 737NG airframe. This 737-700 aircraft, MSN 30134, was delivered by Boeing to Canada's WestJet Airlines in 2001, and has operated for WestJet its entire life. 

The aircraft will be dismantled in Marana, Arizona, and harvested parts will be relocated to Aventure's Atlanta, Georgia headquarters.

"Finding quality assets has become even more challenging," said Andrew Crombie, Aventure's director of product line. "There is a diminished supply of 737NG end-of-life airframes due to record passenger travel, and a supply chain that is unable to manufacture new aircraft to replace the aging global fleet." 

"With our vast network of partners in the airline and leasing space, we are able to acquire in demand aircraft that will allow us to support our airline and cargo customers with critical 737NG inventory," Crombie added.

"Aventure continues to offer a unique global aviation investment platform for investors, leasing companies, and owners," said Aventure president Talha Faruqi.

"With our experience in dismantling and a significant global customer base, we have solutions to deploy capital, provide asset management services, and material consignments for stakeholders," continued Faruqi. "We continue to see inquiries from investors looking for options in diversifying their portfolios."

Aventure is in active discussions with owners, financial institutions, lessors, and airlines to find revenue-generating teardown solutions for idle aircraft.

Aventure Aviation will attend Airline Economics' Growth Frontiers Global, taking place January 28–31 in Dublin, Ireland. Aventure representatives will be available to discuss parts supply solutions with airlines, and seek synergies with MRO shops to assist in the significant number of parts Aventure is outsourcing for refurbishment.