Automatic sold, on behalf of Lufthansa German Airlines, three (3) Cessna Citation business jets to AvPro, Inc. of Annapolis, Maryland. The aircraft consisted of two (2) 2008 vintage Citation CJ3’s and one (1) 2009 Citation XLS+.
Automatic subsidiaries, Aircraft 23809 LLC and Aircraft 23810 LLC, purchased from CIT Aerospace, two (2) 1987 vintage B737-300QC aircraft with CFM56-3B1 engines subject to lease with Europe Air Post until second quarter 2012.
Automatic subsidiary, Aircraft 24414 LLC, purchased from Nippon Cargo Airlines two (2) CF6-50E2 engines. The engines will be refurbished and offered for sale or lease.
Automatic affiliate, Aircraft 30563 LLC, purchased from Deutsche Structured Finance, one (1) 2000 vintage B767-300ER aircraft with PW4062 engines subject to lease with Ethiopian Airlines until March 2013.
Automatic subsidiary, Aircraft 24414 LLC, purchased one (1) 1988 B737-300 airframe for tear down from a subsidiary of VX Capital, San Francisco. The aircraft will be dismantled at Ascent Aviation Tuscon, Arizona. The resulting inventory shall be marketed and sold by MAC Aerospace, Tuscon Arizona.