BAE Moves Into Aircraft Remarketing
BAE (Booth No.

BAE (Booth No. 8237) is moving heavier into aircraft remarketing, according to Stewart Cordner, vice president of the company’s Avro Business Jet (ABJ) unit.

BAE Asset Management recently signed a deal to place eight Airbus A340-200s and -300s for GMT Global Republic. GMT had leased the aircraft to major airlines, including Virgin Atlantic. Cordner said these aircraft, although older, are ideal for low-utilization customers, such as governments looking for cost-effective VVIP lift. BAE has moved both single-aisle and wide-body airliners in the past. It recently placed a Boeing 767-300ER from Presidential Flight and also has represented several Airbus A318s on behalf of funds and banks.