Aventure Aviation has acquired seven Boeing 737NGs from WestJet Airlines of Canada.
All seven aircraft, MSN 34284, 34285, 34286, 34287, 34288, 35111 and 35112, will undergo immediate teardown for parts. The first will take place in Marana, Arizona.
Aventure was represented by law firm Smith Gambrell Russel in the transaction.
"This major acquisition will provide a significant inventory increase for our global customer base," said Kevin Lang, Aventure's director of strategic accounts.
"We are constantly seeing new ways to support our global customer base, who trust us to provide quality parts on time with full traceability and recent shop work," said Andrew Crombie, Aventure's product line sales director. "This adds to 15 aircraft dismantled in recent months, providing our customers with the latest 737NG inventory."
"Aventure continues to offer a unique global aviation investment platform for investors, leasing companies, and owners," said Talha Faruqi, president of Aventure Aviation. "We are in active discussions to find solutions for idle aircraft."
"With our teardown experience, we have solutions to deploy capital, provide asset management services, and material consignments for stakeholders," continued Faruqi. "We are seeing an increase in inquiries from investors looking for options to diversify their portfolios."
Aventure Aviation will attend MRO Middle East on March 1–2 in Dubai, and MRO Americas on April 18–20 in their hometown of Atlanta. Representatives will be available to discuss parts supply solutions with airlines, and seek synergies with MRO shops.