ITC-AeroLeasing has announced its aircraft trading division has had a successful third quarter of 2021. This follows a strong first half of the year, which included multiple Japanese government projects as well as international brokerage deals involving fixed and rotary wing aircraft.

The third quarter of the year brought three sales to overseas customers in Australasia and North America, as well as the conclusion of a brokerage deal involving importation of an aircraft to Japan.

“COVID-19 continues to present challenges to our business and those of our industry partners and colleagues. Travel restrictions, quarantine and complicated logistical processes can make cross-border aircraft sales a daunting prospect, but I am incredibly proud of the performance of our team in helping our customers smoothly navigate these obstacles to deliver swift solutions.” says Steven Nixon, director, asset management and trading at ITC.

“Despite the hardships encountered due to COVID-19 over the last 18 months or so, it does give us all the opportunity to come together as a global aviation community, put our trust in and help one another, so in that sense, it has been somewhat refreshing. ITC being so well established over 30 years, having our extensive industry network and such a strong sense of professional integrity means that we can always be relied upon.”

ITC has developed and extended the reach of its international brokerage services in recent years. Combined with its continued activities as a licensed bidder of Japanese government aircraft auctions, it expects to further its aircraft trading growth throughout the fourth quarter of the year.