Archive for July, 2021

Magi completes repossession

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Magi Aviation Capital (Magi) has recently completed the technical management and repossession of one A330-200, formerly operated by Virgin Australia on behalf of Global Knafaim Leasing (GKL). The process was made particularly complex due to the restrictions arising from COVID-19 and the administration of the airline. Both Magi and GKL are very pleased to have been able to successfully navigate the records compilation, physical redelivery and regulatory transition process.

GKL commented that the Magi team led by Jason Bewley expertly managed the process of re-possessing the aircraft from Virgin Australia enabling it to be ferried to Fokker Services in Holland where it will be stored awaiting its next customer: “Magi have gone above and beyond to assist us in protecting our interest on this project”.