Ecube Aircraft - To address the retirements of both narrowbody and widebody aircraft are expected to increase at the tail end of 2022, with growth continuing into 2023, and Steven forecasts an uptick in both aircraft storage and teardown activity across the board, saying:
“At the forefront of our US expansion plans is consistency of service, ensuring we replicate the experience our customers have learned to enjoy and rely on at our UK and EU facilities. We also plan to elevate the importance of our industry’s circular economy within the region, focusing on quality aircraft teardowns delivered with expertise and experience. ”
Ecube Aircraft
ecube End-Of-Life. Accurate, efficient, and innovative zonal disassembly / part-out, recycling and disposal of your aircraft asset. This service is enhanced by our superior customer service Gear Box team that keeps you informed every step of the way.
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October 5th saw ecube welcome an ACS managed Boeing 737-700, being re-delivered by SAS, who ecube has had a long-standing relationship with on past projects, and its arrival only solidifies the strong relationship between all parties.
“We underwent an extensive exercise over the past 12 months in speaking with and listening to our customers to understand the optimal location for asset owners of EOL aircraft, this inevitably resulted in ecube planting its flag at a new location in Arizona.
“A key aspect of our strategic US addition is the provision of a seamless global support network for our customers, enabling them to distribute assets and inventory to a global customer base. One aircraft, three locations to choose from based on asset particulars [tax, customs, operator re-delivery, global stockholdings etc]. ”
As a result of the expansion, ecube are now the only Aircraft End-of-Life Solutions company that operates in the two largest regions for aircraft activity, Europe, and North America, supporting around 90% of the global aircraft part-out market.
Ecube looked at several sites before landing on Coolidge. The company told the Coolidge City Council this summer it considered six total sites - four in Arizona and two in New Mexico. The company was looking for sites that accepted all types of aircraft, had dry climates and had "favorable" sales tax for customers.
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The breadth of our coverage means you won’t need any other news sources to monitor competitors and stay informed about the latest developments in the wider aviation sector. “We have appreciated the trust ACS has placed in ecube when supporting multiple projects over the years at our Wales, UK facility.
We are thrilled to finally be in a position to support ACS with assets operating in the Americas and aim to deliver each project with a slightly higher dose of sunshine! ” The strategic decision to expand into the States was driven by customer demand and fully supported by ecube leadership team who see it as a logical and exciting development in the company’s growth.
ecube CEO Lee McConnellogue, said: We are proud to support some of the world’s leading Lessors, Airlines and Asset Trading companies. We are not corporate procedures and spreadsheets. We are approachable, flexible, and respected in the industry, with trusted recommendations supporting our growth across the globe.
Ecube has already brought in an aircraft - a Boeing 737-700 - it will dismantle at the Coolidge site. The company estimates that in its first year it’ll disassemble 15 to 20 aircraft and increase that number every year.
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Coolidge and Ecube signed a 10-year lease on 6.82 acres near the airport over the summer. The company will pay a base rent of $ 3,702.6 per month, plus other fees for fuel and aircraft parking, according to city of Coolidge documents.
Ecube estimates that it’ll have revenue between $ 2 million and $ 3 million during its first year in Coolidge and expects that to grow every year - up to more than $ 7.5 million in 2028.
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“The convergence of aircraft utilization and passenger traffic trends to pre-pandemic levels should elevate demand for Used Serviceable Material (USM), and as a key determinant in aircraft EOL evaluations I anticipate a higher level of global retirements (compared to the previous 2 years.
) to service this need. “We are very excited to be working with ecube at their new location in Coolidge. ecube has a terrific customer focus and we have valued their partnership throughout a longstanding working relationship at the UK St.
Athan location. " ecube’s venture over the Atlantic sees new facility established within Coolidge Municipal Airport, Arizona. The newly founded Americas base located just 50 miles north of the infamous Aircraft Boneyard, Pinal Park, will accompany existing sites in Castellón, Spain and ecube headquarters in St Athan, UK.
"We underwent an extensive exercise over the past 12 months in speaking with and listening to our customers to understand the optimal location for asset owners of EOL aircraft, this inevitably resulted in Ecube planting its flag at a new location in Arizona," Lee McConnellogue,
Ecube's CEO said in a statement. “At the forefront of our U.S. expansion plans is consistency of service, ensuring we replicate the experience our customers have learned to enjoy and rely on at our UK and EU facilities.
We also plan to elevate the importance of our industry’s circular economy within the region, focusing on quality aircraft teardowns delivered with expertise and experience. ”