APOC Aviation establishes new dedicated landing gear division to service airlines and MROs
Rotterdam, March 26th 2020: APOC Aviation, the innovative leasing, trading and aircraft part-out specialist has set up a specialist landing gear division to service a growing number of discreet customers across leading airlines and MROs worldwide. With several A320 and B737 assets already out on lease, or in active exchange programmes, the Company is seeking equipment for a wide range of Airbus, Boeing, Embraer and ATR aircraft types.
According to Karolis Jurkevicius, VP Landing Gear Trading – APOC Aviation, creating a dedicated landing gear division was the next logical step for APOC’s expanding asset portfolio. “APOC Aviation has just celebrated its fifth anniversary, we are a young company with a dynamic investment strategy to build a strong foundation of engines and LDGs underpinned by independent and flexible repair management services. We have a close network of airline and MRO customers with whom we have been developing short and long-term lease agreements over recent years and now is the time to expand our capabilities.”
He adds that until now, APOC’s LDG resource has been perceived as a ‘secret weapon’ by its main MRO customers, but the Company is now working with more airlines directly. “We constantly identify suitable assets and will also consider LDGs with leases attached if they fit with our asset criteria of the highest quality. Trust is a vital component for APOC, our investors and our customers – the assets must be prime.”
APOC Aviation has a selected number of audited LDG repair shops with whom it manages repairs for customers if so required. It also works with third party experts to tear down LDGs for piece parts for sale or to support customers’ on-going overhaul projects. However, APOC is not an MRO shop itself. “Our LDGs on lease can be placed by the lessee in workshops of theirchoice – they are not tied into repair contracts as part of the lease agreement. Our customers like this flexibility which is unusual in the marketplace” says Jurkevicius.
APOC Aviation is on-track for fast expansion into the leasing of landing gears, engines, aircraft and APUs. The Company’s best-in-class IT platform ensures that assets are priced with absolute accuracy driven by a leasing and stock management/revenue optimisation strategy. Operators and MROs seeking LDG support can also be reassured by APOCs global footprint and 24/7 AOG network. It currently has offices/warehouses located in the Netherlands, Lithuania, Florida and Colombia with extra facilities planned for the USA and Singapore in 2020/21.
“APOC’s objective is to significantly expand the lease portfolio of landing gears that are ready to fly supported by our comprehensive stock of parts and repair management services” adds Jurkevicius. “We identify high quality assets that can be placed accurately within the maintenance lifecycle to ensure seamless operational efficiency.”
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