Universal Asset Management Acquires Airbus 320-200

Memphis, Tennessee (Mar.21, 2019) – Universal Asset Management, Inc. (UAM), is pleased to announce it has acquired an Airbus 320-200 airframe MSN (1497) formerly operated by Shaheen Air.

Jeff Sabo, Senior Vice President of UAM, commented, “This asset was selected due to the continued demand of our global customer base. This airframe will be disassembled in Europe and UAM will remarket components to support its worldwide OEM, airline and MRO customer base. Furthermore, UAM will also be recertifying this material with CAAC tags to complement UAM’s 2019 strategic growth into China utilizing its expanding component trading division.”