Regional aircraft lessor TrueNoord, has sold an ATR 72-212F, MSN 461, to an independently owned aviation trading and distribution company, NTE Aviation.
Having reached the end of its technical life, the 28-year-old turboprop will be torn down by NTE, which will salvage the engines and spare parts for reuse in the used serviceable materials (USM) market.
Maarten Grift, TrueNoord, sales manager for Africa, the Middle East and CIS, explains the smooth sales process: “Due to an existing relationship with NTE, this transaction was closed in a matter of weeks.""
Grift adds: “This aircraft is a great example of how lessors support the circular economy by reusing aircraft and ultimately recycling their parts. During its lifespan, this asset was moved from one airline to another many times and will now support the ongoing operation of other ATR 72s through being parted out.”
A statement from TrueNoord said that the company ""was very happy with the ATR freighter’s performance throughout the ownership period and would be pleased to invest in further regional freighters in the future, should the right asset be available”.
Stephen Spillane, technical manager at TrueNoord added: “With NTE’s combined experience and the collaborative effort of our teams, reviewing and closing the technical due diligence was streamlined and efficient. It was a pleasure to work with NTE’s entire team. Additional thanks also goes to the aircraft’s previous lessee, Amelia International, and to ATR-Maintenance for their crucial support in this endeavour.”
TrueNoord sell freighter for part out
