Business
Heritage Global Partners to Partner With Cloud Investment Partners to Conduct Auction of Rotable, Repairable and Expendable Parts for Boeing 737, Boeing 757, Boeing 767 and MD80 Aircraft No Longer Required by Jet X Aerospace
November 9, 2021 – November 10, 2021 https://www.hgpauction.com/auctions/109376/jet-x-aerospace/ SAN DIEGO--(BUSINESS WIRE)-- Heritage Global Partners
About this update from Heritage Global Inc.
[{"type":"text","content":"\nNovember 9, 2021 – November 10, 2021\n\nhttps://www.hgpauction.com/auctions/109376/jet-x-aerospace/\n\n SAN DIEGO--(BUSINESS WIRE)--\nHeritage Global Partners (“HGP”), a worldwide leader in asset advisory and auction services, and a subsidiary of Heritage Global Inc. (Nasdaq: HGBL) today announced that in partnership with Cloud Investment Partners of Boca Raton, Florida it will conduct an auction of Rotable, Repairable and Expendable Parts for Boeing 737, Boeing 757, Boeing 767 and MD80 Aircraft No Longer Required by Jet X Aerospace.\n\nThe online auction will open on November 9, 2021 and will close on November 10, 2021. The sale catalog is currently posted with equipment photos, descriptions and links to the auction registration.\n\nCraig Thompson, Senior Vice President at HGP commented “We are excited to partner with Cloud Investment Partners to auction Jet X Aerospace’s surplus parts inventory. We look forward to a strong turnout and expect that this offering will command a great price in the marketplace.”\n\n“As the Commercial Airline market is coming back from Covid-19 there is an increased demand to get older aircraft back into service to support it. With a lack of newly produced aircraft, The Operators need to maintain their aging existing fleet. I expect a strong sale as demand is on the rise for parts. ” said David Weiss of Cloud investment Partners.\n\nKey Assets Include:\n\nMany Parts Have FAA Certification 8130-3\n\n\nFlight Service Package: All exterior, doors, domes, tail dome, tires, etc.\n\n\nInterior Package: Projectors, Oxygen PSU, coffee makers, lavatory, etc.\n\n\nServiceable Package: Rotable Used Serviceable Material (USM)\n\n\nExpendable Package: New Surplus Parts\n\n\nDuct Package\n\n\nTooling Package\n\n\nHardware Package: Nuts bolts, etc.\n\n\n& More!\n\n\nAbout HGP\nHeritage Global Partners, Inc. Is a subsidiary of Heritage Global Inc. (NASDAQ:HGBL) and one of the world’s largest industrial auction firms, providing asset valuation, acquisition and disposition services.\n\nAbout Heritage Global Inc.\nHeritage Global Inc. (NASDAQ: HGBL) is an asset services company specializing in financial and industrial asset transactions. The company provides a full suite of services including market making, acquisitions, dispositions, valuations and secured lending. Heritage Global focuses on identifying, valuing, a...