July 3, 2013
IBA manages transition of first A340-600 aircraft into secondary market
IBA has completed the transition of an ex-Virgin Atlantic A340-600 aircraft into Hi-Fly Malta. The aircraft is the first of its type to transition into the secondary market following its redelivery from Virgin last year. IBA acted as Technical Adviser to a syndicate of banks during both, the original redelivery from Virgin and for the delivery to Hi -Fly. According to IBA’s Jet Data database there are 97 A340-600 aircraft currently in service of which 3 are parked in Tarbes.