Monday 13th September 2021
Working in close association with Canadian North and utilizing its long-standing industry relationships and expertise, ACC Aviation carried out full due diligence processes on the sale and provided full transaction oversight. In addition, ACC Aviation undertook desktop valuations on both aircraft to set and manage internal pricing expectations for Canadian North.
Guiding and leading the commercial negotiations, ACC Aviation ensured that all terms were fair and in line with industry standards between the two parties and that Canadian North’s interests were well represented throughout the process. ACC Aviation also managed, reviewed, and advised on all transaction-related documentation.
“We are very pleased to have concluded the disposal of these two, niche aircraft in a short period of time, maximizing resources within ACC Aviation’s global offices. Working between our US and Middle East offices, we were able to transact the deal efficiently and seamlessly,” said Robert Sitta, VP Asset Management at ACC Aviation.
Canadian North Dash 8-100
About ACC Aviation
Founded in 2002 as an aircraft leasing specialist, ACC Aviation now prides itself on a global office network spanning Europe, the Middle East, Africa, North America, and Asia. ACC Aviation provides its clients bespoke aviation solutions through consulting, leasing, and air charter. ACC Aviation continues to capitalize and further develop the strength and depth of its relationships within the aviation industry and, through continued investment in developing and maintaining these partnerships with a persistent focus on innovation and capability to transact in all types of aircraft assets.
YFM Equity Partners-backed ACC Aviation was ranked 85th in the Sunday Times BDO national Profit Track 100 Awards this Spring, lauded for its contribution to the economy and society during the pandemic. ACC Aviation first entered the Profit Track 100 line up in 2020 and has featured in the Sunday Times HSBC International Track 200 since 2013. It was also welcomed as an FT1000 ranked company for the first time this year, entering the fifth annual edition of the Financial Times’ Top 1000 European companies in 786th place, achieving a notable growth rate of 44.1%.
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