November 1, 2012
IBA announce sale of Embraer ERJ-145EP on behalf of Continuity Air Finance
The International Bureau of Aviation, IBA Group, has successfully placed, through outright sale, an Embraer ERJ-145EP, with MSN 145113, on behalf of London-based client Continuity Air Finance. Built in 1999, the Embraer ERJ-145EP was formerly operated by City Airlines in Sweden. During the course of the remarketing period City Airlines ceased operations. On behalf of the owner, IBA Group successfully managed the repossession of the aircraft and its records, enabling Continuity Air Finance to fully recover its asset.