in Air Transport

Air Partner announces sale of two B737-700s on behalf of Kenya Airways

Posted 10 March 2017 · Add Comment

Air Partner's Aircraft Remarketing division (formerly Cabot Aviation), has arranged the sale of two B737-700 aircraft on behalf of Kenya Airways. The aircraft were sold to an undisclosed lessor and leased back to Kenya Airways for continued operation.

The aircraft, serial numbers 32371 and 32372, were originally delivered new to Kenya Airways in 2002 and 2003 and were operated by the airline on its scheduled routes. The aircraft are powered by CFM56-7B26 engines. 

Air Partner was appointed as Kenya Airways’ exclusive aircraft remarketing agent in August 2015 and, in addition to the B737-700s, has also sold three B777-200ERs for Kenya Airways. Kenya Airways continues to retain Air Partner to remarket its one remaining Boeing B777-200ER, MSN 33683, and a new GE90-115BL engine, which are available for immediate sale.

“We are very pleased with this milestone which is in line with our on-going turnaround plan. Air Partner has found a suitable buyer for the two aircraft from whom the airline will lease them for a period of 18 months to ensure seamless operations,” said the airline’s chief executive and managing director Mbuvi Ngunze.

Tony Whitty, Head of Remarketing and ACMI at Air Partner, said: “We are delighted to have arranged this sale following the recent sale of the three B777-200ERs. Our focus is now on finding a new owner for the remaining B777 aircraft and the GE90 engine on behalf of Kenya Airways.”

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