Aviation logistics firm VAS Aero Services and lessor Dr. Peters Group have signed a contract for the aircraft teardown and asset redistribution of four Airbus A380 aircraft.
It is not the first time the two companies have worked together to scrap Airbus A380 aircraft and redistribute used serviceable material (USM).
VAS and Dr. Peters partnered in the first dismantlement of an A380 ever to be designated for teardown.
Following the first, three more A380s were consigned from 2020 through a contract between the two firms.
“Our history of turning to VAS Aero Services to manage the teardown of sophisticated aircraft such as the A380 made this an easy decision for us. Their unique dismantlement capabilities and their worldwide aftermarket sales network offer unmatched value for organizations looking to remove aircraft from service,” Christian Mailly, Managing Director and Head of Aviation at Dr. Peters Group, said on April 3, 2024.
Mailly added: “With the resurgence in the reliance on the A380 increasing the need for quality USM parts, the timing is right for retiring end-of-life A380 aircraft and monetizing the residual value of their serviceable parts.”
VAS will manage the teardown of three of the aircraft through its partnership with Tarmac Aerosave, based in Tarbes, France, with parts made available in Europe, the Middle East and Africa (EMEA) region.
The fourth A380 will be scrapped by at Asia Pacific Aircraft Storage facilities in Alice Springs, Australia, providing VAS customers in Australia, Oceania and Southeast Asia regions with parts.
“Having dismantled the very first A380 aircraft for the Dr. Peters Group, and managed the redistribution of its USM parts, VAS has enjoyed a long-standing consignment partnership with Dr. Peters. Their confidence in our ability to maximize the value of their end-of-service aircraft assets is truly appreciated,” Tommy Hughes, VAS Chief Executive Officer, said.