Canadian North airlines disposed two of it's Dash 8-100 aircrafts using the services of ACC Aviation Group !

After Canadian regional airline North decided to dispose remaining two Dash 8-100 aircrafts, ACC Aviation, the global aviation services group, was contacted for the Marketing Job, and its Job done now !

• The aircraft (MSN 258 and MSN 324) built in the early 1990s were 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.
• Canadian North had a fleet of seven Dash 8 aircrafts , that consisted one Dash 8-100 and six Dash 8-300 variants.
• At present Canadian North operates a fleet of 32 aircraft that consists of Atr42/72 and BoeingB737 Aircrafts.

ACC Aviation has successfully disposed of two de Havilland Dash 8-100 combi-configured aircraft (MSN 258 and 324).  ACC Aviation’s Asset Management Division played the key role in it.

Working in close association with Canadian North and utilizing its long-standing industry relationships and expertise, ACC Aviation carried out full due diligence processes on the sale and provided full transaction oversight. In addition, ACC Aviation undertook desktop valuations on both aircraft to set and manage internal pricing expectations for Canadian North.

Consulting , guiding and leading the commercial negotiations, ACC Aviation ensured that all terms were fair and in line with industry standards between the two parties and that Canadian North’s interests were well represented throughout the process.  ACC Aviation also managed, reviewed, and advised on all transaction-related documentation.

Quotes 

“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.”

“We are very pleased to have concluded the disposal of these two, niche aircraft in a short period of time, maximizing resources within ACC Aviation’s global offices.  Working between our US and Middle East offices, we were able to transact the deal efficiently and seamlessly,” said Robert Sitta, VP Asset Management at ACC Aviation.

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.

Courtesy : ACC Aviation.