Airstream is pleased to announce that we have been exclusively mandated to offer for sale an Airbus A350-900 aircraft (MSN 391).
Crédit Agricole Corporate and Investment Bank as security agent (the Security Agent) will hold a public foreclosure auction (the Auction) to offer for sale the following collateral (the Collateral): (1) one Airbus A350-900 aircraft with manufacturer’s serial number 391 and all related equipment, documents and records (the Aircraft); and (2) claims against SAS entities in the chapter 11 proceedings relating to the lease of the Aircraft (the Claims). Interested parties may bid for the Aircraft and Claims together or as separate items.
The Auction will be held virtually through video and/or telephone conference on 6 July 2023 at 11:00 a.m. Eastern time and administered by Airstream International Group Limited. The Collateral shall be sold “as is, where is” without recourse or warranty. The Security Agent reserves the right to credit bid at the Auction and to delay or cancel the Auction at any time.
For more information, including qualifying bidder requirements and auction procedure details, please contact Alex Vandeleur of Airstream International Group Limited (alex@airstream.aero).
Airstream provides aircraft sales, leasing and financing services for an international client base that has included airlines, government organisations, lessors, investors and financial institutions as well as part out organisations. Now in its 35th year of trading, Airstream has successfully completed transactions involving more than 650 aircraft.
For more information, please contact:
Alex Vandeleur, Managing Director
