EAS Aviation Group and UAE-based Knighthood Global have agreed 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.
“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,” noted Jonathan Robinson, group CEO at EAS Aviation Group.
EAS Aviation Group’s ability to make an outright purchase for a customer’s end-of-life aircraft will “enhance their strong offering to asset owners,” explained James Hogan, chairman of Knighthood Global.
In collaboration with MRO JAT Tehnika (a subsidiary of the Avia Prime Group), EAS’ vertically integrated range of services include aircraft disassembly, complementary storage, (EASA and FAA) part recertification, repair management, component remarketing, and consignment services. The company’s commitment to sustainability is evidenced by its ISO 14001:2015 certification and membership in AFRA.