Miesbach (Germany), September 14, 2021 – Royal Aero (www.royalaero.com) is pleased to announce the delivery in Roswell, New Mexico of the first of six B737- 700 aircraft from COPA Airlines, Panama. The serviceable life of the CFM56-7B engines will be utilised and the component parts recycled from the airframe. Royal Aero thus ensures that aircraft that would otherwise be parked for the final time fly longer. Fewer new aircraft go into production, which reduces the carbon footprint of aviation.
COPA Airlines delivers the second aircraft to Royal Aero this week and one every 15 days thereafter. “Despite this transaction commencing as a speculative acquisition almost 12 months ago, since closure we have already placed all of the engines and four of the six airframes, so the timing of the transaction was simply perfect in the current market environment, so Calum M. MacLeod, CEO Royal Aero GmbH.”
Royal Aero has transacted 24 aircraft and engine trades since the beginning of Covid and this acquisition will be an additional 18 assets to be traded in 2021. Royal Aero GmbH operates with syndicated finance provided by Commerzbank, Postbank, Raiffeisenlandesbank Oberösterreich and BTV from Tirol.