Avinco awarded exclusive mandate by FGL Aircraft Ireland to remarket a 737-800

Avinco has been awarded an exclusive remarketing mandate to place a Boeing 737-800 on behalf of FGL Aircraft Ireland Limited (“FGLAI”). This follows the successful lease placement last month of another -800 on behalf of FGLAI to Jet2.com(UK). The 1999 vintage aircraft is currently leased to Air Berlin and is available for sale in December 2011. The aircraft (MSN30498) is a high spec EASA certified aircraft with winglets, CFM56-7B26 engines, 172.5klbs MTOW and has a full economy cabin with 186Y seats.

“We are delighted to be working on a follow-on deal with FGLAI and look forward to a successful placement of this aircraft. The 737-800 market, particularly for high density variants such as this, is very active right now.” said Francois Gautier, CEO of Avinco

Avinco has grown to become one of the largest aircraft trading, remarketing and management firms and is based in Monaco and Ireland. Avinco has successfully placed and delivered 5 aircraft so far this year and has sourced a number of others on behalf of investors.