Cabot Aviation receives remarketing deal recognition
Cabot Aviation, a division of Air Partner plc, has been awarded 'Middle East & Africa Remarketing Deal of the Year' at The Aviation 100 Awards 2016.
Cabot Aviation have received the award for their achievement of remarketing two Kenya Airways 777-200ERs in a particularly difficult marketplace. Both aircraft were sold and delivered to Omni Air International early this year, a US based airline providing global passenger ACMI, wet lease and charter programs.
Cabot Aviation was appointed as Kenya Airways’ exclusive aircraft remarketing agent in August 2015 for four B777-200ERs, with serial numbers 33681, 33682, 33683 and 36124. Kenya Airways continues to retain Cabot Aviation to remarket the two remaining Boeing B777-200ERs, which are available for immediate sale.
The Aviation 100 Middle East, Africa & Islamic regional awards were held on October 4, 2016 during the inaugural Airline Economics Growth Frontiers Dubai 2016 conference. The winners of these prestigious awards were announced at a glittering gala dinner at the Ritz-Carlton Dubai, sponsored by Orix Aviation and KPMG, which was held in support of Airlink, the aviation sector's humanitarian initiative, connecting airlines with disaster response and humanitarian relief around the world.
The award winners were decided by an industry survey sent out to a global distribution list of more than 10,000 names over a two-month period. The results are subject to a strict criteria and the deals of the year awards are also determined by an extensive nomination process.
Tony Whitty, Managing Director, Cabot Aviation, said: “The team at Cabot Aviation are delighted to receive this award. The company has been in business since 1998 and has had the great privilege of working with many airlines, banks and other aircraft owners all around the world. We were extremely pleased to be asked by Kenya Airways to remarket their B777s and we’d like to thank our friends at Kenya Airways and Omni Air International for all the hard work they put into this transaction.”