- Consignment agreement expands to five the total number of Airbus A320-family airframes designated for teardown and serviceable parts harvesting
Boca Raton, FL, March 13, 2023 — VAS Aero Services, a global leader in aviation logistics and aftermarket services, announced it will acquire two additional Airbus narrowbody airframes from Dublin, Ireland-based Avolon Aerospace Leasing, LLC, a leading international aircraft leasing company. VAS will manage the teardown of both airframes and the subsequent residual parts harvesting and marketing through its global aftermarket parts marketplace.
This agreement represents an expansion of the January 2022 consignment agreement between the two companies under which VAS acquired three Avolon A320 family airframes for teardown. The two additional airframes include an Airbus A319-100 (MSN 2362) and an A320-100 (MSN 2299). The Used Serviceable Materials (USM) from both teardowns will augment VAS’s widely accessed aftermarket parts inventory, distributed through the company’s worldwide airline operator customer base. The teardown of both aircraft will be performed at Hondo, TX, in early 2023.
“VAS has established an enviable reputation as a technical and market leader in Airbus aircraft teardowns and USM sales. The expansion of our consignment and disassembly agreement with Avolon Aerospace is further evidence of those capabilities,” said VAS CEO Tommy Hughes. “As our relationship with Avolon continues to strengthen, we are grateful for their confidence in our ability to deliver superior results that help operators and lessors realize the full residual value of their assets.”
