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CT Aerospace buys Boeing 737 from IBA
26 May 2010
The Boeing 737-600 was part of Scotland’s bankrupt FlyGlobespan.
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IBA
Boeing 737-600
CT Aerospace
FlyGlobespan
Owen Geach
Midwest Airlines
The International Bureau of Aviation (IBA) sold one Boeing 737-600 to CT Aerospace for an excess of $11 million last week. The aircraft was owned by FlybGlobespan, the Scottish low-cost carrier that went into administration in December 2009. IBA has been mandated to sell the airline’s aviation assets.
“We knew it was going to be pretty challenging, simply because disposal...
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