ACC Aviation, the global aviation consultancy offering asset management and financial solutions to airlines, lessors and financiers, has been appointed as the exclusive remarketing agent by Canadian North to sell its two de Havilland Dash 8-100 aircraft.
The aircraft (MSN 258 and MSN 324) built in the early 1990s are preserved under De Havilland’s storage program, being parked at Calgary International Airport and Edmonton International in Canada, respectively.
Both aircraft are passenger/cargo combi variants, offering operators the ultimate flexibility based on their mission needs.
“ACC Aviation is pleased to have the opportunity to remarket Canadian North’s Dash 8-100s, cementing our expertise in remarketing a variety of aircraft types.” said Robert Sitta, Vice President Asset Management at ACC Aviation.
“Leveraging the extensive relationships of our global offices on five continents, our asset management team has consistently supported aircraft owners (and financiers) around the world during the coronavirus pandemic, ensuring maximum values are extracted from assets, along with managing all elements of the remarketing process.”
“The global presence of ACC Aviation and its strong track record in remarketing regional aircraft were key factors in assigning its team for this task,” commented Shannon Montpellier, VP – Finance at Canadian North.
“These Dash 8s have served us extremely well over the years, reliably performing on numerous passenger and cargo flights.”
Canadian North is a wholly Inuit-owned airline headquartered in Kanata, Ontario. It operates a substantial charter operation and scheduled passenger services to communities in the Northwest Territories, Nunavik and Nunavut. Southern gateways include Edmonton, Montreal and Ottawa.
ACC Aviation remains a steadfast partner that industry colleagues and clients have come to rely upon. Its global team in Europe, Africa, the Middle East, Asia and North America offers professional, impartial advice and expertise across a comprehensive range of aviation services.
Aircraft rejections lead to maintenance expenditure, remarketing costs, and lost revenue during the transition period; it is critical to take proactive measures during a potential aircraft rejection scenario to secure your assets and prepare for potential asset recovery and remarketing.
ACC Aviation, reports an exceptionally strong third quarter, with its US office experiencing its strongest three months in its short history.
US-Bangla Airlines, the Dhaka, Bangladesh-based carrier, has appointed global aviation services group ACC Aviation as remarketing agent to dispose of three de Havilland Dash 8-Q400 turboprops.
ACC Aviation, the global aviation services group, successfully remarkets two de Havilland Dash 8-100 combi-configured aircraft (MSN 258 and 324). ACC Aviation’s Asset Management Division was exclusively mandated by Canadian North, a Canadian based regional airline.
The onset of the Covid-19 pandemic hit the aviation industry on the crest of a decade-long wave of growth. While the impact of the pandemic on aviation, aviation finance and investments cannot be understated, some of its consequences were in the making well before patient zero’s first cough in Wuhan, says Viktor Berta, ACC Aviation’s VP of Aviation Finance Advisory.
ACC Aviation reports positive growth in the second quarter of 2021, driven by US and UK Charter as well as steady growth in its consulting division.