Whilst we would always advise repossession as a last resort, our remarketing team is at hand to provide a wealth of technical and strategic support to recover or repossess assets.

IBA has extensive, in-depth, practical experience of repossessing aircraft and engines in both work-out and default situations. We have the resources to respond quickly and this enables us to re-register the aircraft, assess the aircraft return conditions and the robustness of local legal systems where the aircraft is currently sited and at its future destination with minimum delay.

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, 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.

We are custodians of industry benchmark repossession data, and our team can rapidly provide detailed repossession cost analysis.

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Example Case Study


A financier became concerned over late payments of a B737-600. The operator had sub-leased the aircraft to a North African airline. The situation became politically complex and IBA was appointed to ensure asset value was not at any greater risk and any costs would be minimised.


IBA had copied records the previous month as part of risk monitoring escalation. A team was sent to ensure the aircraft was made secure and worked with the legal advisers to ensure an appropriate court order was arranged. A flight crew, maintenance release, insurance and clearance of liens was arranged in under a week in order to gain custody and safe storage of the aircraft and its records


IBA recovered the asset and also managed to sell the aircraft in as-is condition for part-out, creating a sale at above book value for the financier.

Get in Touch

IBA Group Ltd, IBA House,  7 The Crescent,
Leatherhead, Surrey, KT22 8DY

+44 (0) 1372 22 44 88

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