November 29, 2018

Airbus A320-232 Repossession

Repossession of an aircraft is a rare and undesired event for all involving parties. Each lessor, airline and consultant prefers a clean/constructive business with modern fleets but in circumstances where an airline operator fails in its obligations to pay rent under an aircraft finance lease or continues to default in its obligations to the lessor or owner of the aircraft, repossession is inevitable. We successfuly repossessed an A320-232 with the good-cooperation of the subject airline.