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Acumen Aviation helped an Irish client successfully manage and control multi-billion dollars exposure due to bankruptcy of a major airlines.

Situation Overview 

Due to the recent bankruptcy of a major airlines in a difficult jurisdiction, the client appointed Acumen to repossess their aircraft.

The challenge was to bring the aircraft and their records to the delivery standards for successful re-marketing, and mitigate loss in value.

 

Acumen Solution 

Acumen Aviation managed the repossession as a single point of contact. The aircraft were repossessed simultaneously using a team of multi-national professionals in various jurisdictions. The operational on-site and off-site teams worked in tandem to bring the aircraft and their records to a satisfactory standard of Asset Management.

The Result 

The aircraft were repossessed successfully and the value of the aircraft was preserved.