Asset Management

  • Aircraft Trading and Remarketing
  • Contract and Agreement Management
  • Fleet Management
  • Aircraft Repossession
  • Aircraft Tear Down or Part out Management

Aircraft Trading and Remarketing

Wiz Aviation has experts, who focus on lease or sale client assets within aggressive time frame. Our marketing professionals have extensive expertise, industry knowledge and connections which empower our team to quick access the market requirements based on which can recommend our clients the appropriate sales campaigns and strategies. Our team makes sure that client assets have been placed on lease or sale to right customer/operator with well negotiated delivery conditions and within minimum down time.

We approach each situation on a case by case basis and provide recommendations to either repossess aircraft and engines or allow continued operations by taking full account of the high cost implications of repossession. Even when an airline is not making lease rental or debt payments, we advise the lessor, owner or investor to place a monitoring team on-site, for a certain period of time, so that, the necessary records can be recovered well before situation escalates. Wiz Aviation positions a team member ‘on the ground’ to report on situational changes within the operator, allowing clients to make informed decisions about whether to repossess the aircraft or not. When required, our team provides assistance in the recovery of aircraft, maintenance of records, storage program initiation, ferry flight, maintenance input and aircraft re-marketing.

Aircraft Repossession

Aircraft Teardown or Part Out Management

Every year 500-600 commercial passenger and freighter aircraft are withdrawn from service. Some of these might be placed in long-term storage, but many are disassembled. Wiz Aviation offers, organizes and manages teardown or part- out services. Potential part-out candidates and resulting asset values are considered during the process.  Wiz Aviation also supports and assists the client in all teardown processes and liaisons with authorities to make this happen in the required time frame.

Some of the main teardown processes are summarised below.

  • The part-out market
  •  Parts trading specialists
  • The dismantling process
  •  Part-out candidates
  •  High-demand candidates
  •  Lower-demand candidates