IBA Announces Further Sales of A320 Material from the Stage Two Lots of Remaining Alitalia Assets – AvTrade Named as Buyer.

The International Bureau of Aviation (IBA) has completed additional sales of inventory material from the remaining assets of the old Alitalia operations. This was the most substantial package of A320 rotable parts that IBA have offered for sale so far. The Lots were sold to AvTrade, following competitive bidding for a range of assets.

Ben Jacques, Commercial Manager at IBA, commented “It’s great news for both the Receivers and the buyer, Avtrade, that this significant A320 inventory sale has been concluded. We are now moving towards the final phase of disposal of these assets, with more inventory soon to be offered for sale covering a broad variety of aircraft types."

Tom Lane, Director of Asset Management at Avtrade, added “We are delighted to have worked with IBA and the Receivers to achieve a successful purchase. We look forward to making this material available to our clients and to working with both parties again in the near future, as more Lots become available.”

For more information on the remaining Lots and to register your interest, please email Alitalia@ibagroup.com or call Ben Jacques, Commercial Manager, on +44 (0) 1372 224488.