EAS Aviation Group and Knighthood Global sign collaboration agreement to secure capital funding for end-of-life aircraft
EAS Aviation Group and UAE-based Knighthood Global have signed an agreement at the Dubai Airshow to collaborate in securing capital funding, providing EAS with the necessary financial support to purchase end-of-life aircraft from various lessors, airlines, and asset owners.
In collaboration with MRO JAT Tehnika, a renowned aviation expert and subsidiary of the esteemed Avia Prime Group based in Belgrade, EAS currently offers a comprehensive aircraft disassembly and asset management solution tailored to the specific needs of asset owners.
Their vertically integrated range of services which includes aircraft disassembly, complementary storage, (EASA and FAA) part recertification, repair management, component remarketing, and consignment services, aims to maximise asset value and sales return for its customers.
EAS Aviation Group is committed to environmental sustainability which is evident in their component harvesting and recycling programme. By implementing green practices, EAS not only helps customers maximise their revenue return, but also minimises their environmental impact. EAS takes pride in its ISO 14001:2015 certification and membership in AFRA, solidifying its position as a leader in sustainable aircraft dismantling.
Following the signing of this agreement, EAS can now offer asset owners looking for an immediate return, an outright purchase for their end-of-life aircraft.
James Hogan, Chairman of Knighthood Global said:
"This collaboration harnesses the considerable and deep experience of two companies with long and proven experience in aviation. We believe our new agreement with EAS will enhance their strong offering to asset owners. We’re looking forward to this partnership and the opportunity to be part of a business with such strong sustainability credentials".
Jonathan Robinson, Group CEO at EAS Aviation Group comments:
“I am excited about the huge opportunities presented by our new agreement with Knighthood Global. With this funding, EAS Aviation Group is now empowered to provide asset owners with an immediate financial exit solution for their end-of-life aircraft. I look forward to seeing many friends and colleagues at this evening’s Dubai Airshow Gala Dinner to celebrate the achievements at this year’s Dubai Airshow.”