SGI Aviation has concluded the sale and delivery of two ex-Cathay Airways Boeing 777-300ER on behalf of its client to Turkmenistan Airlines.
SGI has managed overseeing the return from Hong Kong and ferried the aircraft back to Europe, while ensuring appropriate maintenance and storage while the remarketing process was carried out.
The company was appointed as exclusive remarketing agent in respect of the remarketing for the Boeing 777-300ER bearing MSN 39235 and 37898 by her client.
Paolo Lironi, Chief Executive Officer of SGI Aviation, calls the deal “a fantastic result for all stakeholders involved” and “a fantastic opportunity for Turkmenistan Airlines to deploy one of the most fuel efficient and desirable aircraft for their customers on their international network”.
He adds: “It has also been a great opportunity to showcase SGI Aviation’s best-in-class remarketing and asset management services, as we tirelessly work to protect and maximise investor value.”
SGI Aviation manages around 60 aircraft for her clients ranging from private jets and ATRs up to 747’s and A380’s. Earlier in the year SGI Aviation sold a CFM56-7B engine and is currently exclusively mandated to sell or lease two 777-300ER both former Garuda Indonesia aircraft.
Recently, SGI Aviation also arranged the sale of an CFM56-7B engine to an UK aftermarket and service solution provider. The Dutch company says it concluded the sale and delivery of the engine on behalf of Japan’s, BOT Lease.
Paolo Lironi commented: “I wanted to thank BOT Lease for the opportunity to sell the engine on their behalf. We have certainly maximized the return on their investment and exceeded their expectations. This is a fantastic opportunity for the new owner to deploy one of the most fuel-efficient and desired engines on lease to one of their leasing customers.”
BOT Lease Co., Ltd is a Tokyo based leasing company of MUFG group.