Air Partner’s Cabot Aviation receives “Middle East & Africa Remarketing Deal of the Year”

Air Partner - 05 oct. 2016

Cabot Aviation, a division of Air Partner plc and a leading aircraft remarketing agent, has been awarded “Middle East & Africa Remarketing Deal of the Year” at The Aviation 100 Awards 2016.

Cabot Aviation have received the award for their achievement of remarketing two Kenya Airways 777-200ERs in a particularly difficult marketplace. Both aircraft were sold and delivered to Omni Air International early this year, a US based airline providing global passenger ACMI, wet lease and charter programs.

Cabot Aviation was appointed as Kenya Airways’ exclusive aircraft remarketing agent in August 2015 for four B777-200ERs, with serial numbers 33681, 33682, 33683 and 36124. Kenya Airways continues to retain Cabot Aviation to remarket the two remaining Boeing B777-200ERs, which are available for immediate sale.

The Aviation 100 Middle East, Africa & Islamic regional awards were held on October 4, 2016 during the inaugural Airline Economics Growth Frontiers Dubai 2016 conference. The winners of these prestigious awards were announced at a glittering gala dinner at the Ritz-Carlton Dubai, sponsored by Orix Aviation and KPMG, which was held in support of Airlink, the aviation sector's humanitarian initiative, connecting airlines with disaster response and humanitarian relief around the world.

The award winners were decided by an industry survey sent out to a global distribution list of more than 10,000 names over a two-month period. The results are subject to a strict criteria and the deals of the year awards are also determined by an extensive nomination process. 

Tony Whitty, Managing Director, Cabot Aviation, said: “The team at Cabot Aviation are delighted to receive this award. The company has been in business since 1998 and has had the great privilege of working with many airlines, banks and other aircraft owners all around the world. We were extremely pleased to be asked by Kenya Airways to remarket their B777s and we’d like to thank our friends at Kenya Airways and Omni Air International for all the hard work they put into this transaction.” 

Enquiries
Air Partner 01293 844 788
Justin Scarborough, Director of Corporate Development and IR 01293 848 570
Cabot Aviation 01293 844 759
Tony Whitty, Managing Director tony@cabotaviation.com
Temple Bar Advisory 020 7002 1080
Tom Allison 07789 998 020

About Cabot Aviation:
Cabot Aviation is Air Partner plc’s specialist aircraft remarketing agent which acts for airlines (flag carriers and regional) and other aircraft owners, such as banks, operating lessors, manufacturers, insolvency practitioners and high net worth individuals, to dispose of their surplus aircraft including commercial jets, turboprops, helicopters or private jets, either by arranging a sale or lease of the aircraft. Cabot Aviation also advises clients on the acquisition of aircraft and their fleet management process. Cabot clients have included Cyprus Airways, Kenya Airways, China Airlines, Flybe, British Midland, Cargolux, Daimler-Chrysler, KLM, DVB Bank, Halifax Bank of Scotland and Rolls-Royce Aircraft Management. Cabot Aviation was acquired by Air Partner plc in May 2015. www.cabotaviation.com

About Air Partner:
Founded in 1961, Air Partner is a global aviation services group that provides worldwide solutions to industry, commerce, governments and private individuals. The Group has two divisions‎: (a) Broking division, comprising air charter broking and remarketing through the Air Partner and Cabot brands respectively; and (b) Training & Consulting division, via the aviation safety consultancy Baines Simmons. For reporting purposes, the Group is structured into four divisions: Commercial Jets, Private Jets, Freight (Broking) and Baines Simmons (Training & Consultancy). The Commercial Jet division charters large airliners to move groups of any size. Cabot Aviation, which is formed within the Commercial Jet division, provides comprehensive remarketing programmes for all types of commercial and corporate aircraft to a wide range of international clients. Private Jets offers the company's unique pre-paid JetCard scheme and on-demand charter. Air Partner Freight charters aircraft of every size to fly almost any cargo anywhere, at any time. Baines Simmons is a world leader in Aviation Safety Consulting which specialises in aviation regulation, compliance and safety management. Air Partner is headquartered alongside Gatwick airport in the UK. Air Partner operates 24/7 year-round and has 20 offices globally.

Air Partner is listed on the London Stock Exchange (AIR) and is also ISO 9001:2008 compliant for commercial airline and private jet solutions worldwide. www.airpartner.com