EirTrade undertakes sale of Stobart Air inventories on behalf of Deloitte Ireland LLP

Dublin, September 23^rd 2021: EirTrade Aviation, the aviation technical asset services and trading company, has been appointed as an agent to act on behalf of joint liquidators Ken Fennell and Mark Degnan of Deloitte Ireland LLP to broker the sale of Stobart Air inventories following the collapse of the Company.

“This is a new undertaking for EirTrade and we are delighted to have been given this opportunity by the Liquidators to assist with the disposal of the Stobart Air inventories,” comments Lee Carey, VP Asset Management at EirTrade. “It is our intention to package the inventories into several large lots which we will then offer to the market. The inventories comprise ground support equipment, expendables, consumables and tooling for regional aircraft such as ATR42, ATR72, and Embraer E190 and E195. This opportunity will give us the ability to participate in new markets and further expand our service offering to the market”.