Our remarketing team is always on hand to provide a wealth of technical and strategic information and support to help you when it comes to the situation of recovering or repossessing of assets at your request. At IBA, we have significant technical resources available, not only can we respond quickly, we are able to re-register the aircraft as well as further assess the condition of the aircraft once it has been returned. We can also additionally assess the robustness of the local legal systems where the aircraft is currently sited as well as its future destination with minimum delay. This means that the extensive but required processes are finished and completed without our clientele having to wait for long periods of time.
We pride ourselves in approaching each situation on a case by case basis, as we know that no case is the same. By approaching each case individually, we can then offer our clients recommendations to either repossess the aircraft and engines or allow the continuation of operations. This process is done by fully taking into account the high-cost implications of asset repossession. Even when an airline is not making lease rental or debt payments, it may be preferable for the lessor or lender to have a monitoring team on site, for a fixed period of time, so that aircraft and engine records, manuals and technical logs, can be fully recovered.
Due to our status as custodians of industry benchmark repossession data, our team can rapidly provide detailed repossession cost analysis at your request.