AVEOS Liquidation Auctions Have Been Announced

The first AVEOS liquidation sale will be held on August 15th and 16th at 6001 Grant McConachie Way, Richmond, British Columbia, Canada (this is near Vancouver).  David Weiss of Heritage Global Partners (one of the auctioning authorities) calls this the biggest auction to hit the aviation industry in ten years.The auction authority has stated that the key assets in the auction will include:

  • Boeing 767 Tooling
  • Airbus A320 Tooling
  • Large Qty. Of Avionics & Misc. Equipment & Tooling
  • 767/777 – A320 – Generic Jack/Cowl Stands
  • Aircraft Support Equipment
  • Wing Stands
  • Mobile / Ground Support Equipment
  • Test Equipment, Avionics, Gas, Battery Test
  • Structures Department
  • Maintenance Department
  • Heat Treat, Sandblast, Paint Shops
  • Composite Shop
  • Calibration Room
  • Lab Equipment
  • Filtration Room
  • Wheel Shop

This will be followed by a second sale on August 22nd and 23rd at 720 Boulevard De La Côte Vertu, Dorval, Quebec, Canada.

It is possible to arrange a pre-inspection of the assets.  It is also possible to arrange pre-auction purchases of major items.

There is a 10 page color auction brochure for the AVEOS auctions which can be downloaded from the auctioneers website.

These two auctions are merely the beginning.  The auctioneers reports that they have also been asked to conduct the sale of Aveos’s Engine Maintenance Center – that sale will follow the two August sales.  According to the auctioneer, the Engine Maintenance Center will reflect $100M worth of machinery, equipment, tooling, and test cells from the Engine Shop.  It is expected to take place in October at the Dorval location.

For additional information, you can contact David Weiss of Heritage Global Partners at dweiss@hgpauction.com or at (561) 210-5921.  In the associated literature, there are also other contacts for the other auctioning partners.

About Jason Dickstein
Mr. Dickstein is the President of the Washington Aviation Group, a Washington, DC-based aviation law firm. Since 1992, he has represented aviation trade associations and businesses that include aircraft and aircraft parts manufacturers, distributors, and repair stations, as well as both commercial and private operators. Blog content published by Mr. Dickstein is not legal advice; and may not reflect all possible fact patterns. Readers should exercise care when applying information from blog articles to their own fact patterns.

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