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Aircraft Teardowns

What We Do

Exicon Aero, LLC specializes in purchasing aircraft for teardown or “part out”. We have torn down the following aircraft and can accommodate all various aircraft types:

  • Citation II
  • Citation III
  • Citation X
  • Hawker
  • Bell Helicopters
  • Airbus Helicopters
  • Beechcraft
  • Lear Jet

How We Do It

We have over 10 years experience and are considered the market leaders, in the teardown process. We have created and implemented high-quality systems, procedures and processes to ensure it is a seamless transition from complete aircraft to its constituent components with all trace documentation, Back to Birth requirements are carefully managed and recorded to ensure the end product is available to the highest quality and industry requirements on offer.

Our teardown projects enable us to react and resolve component shortages in the marketplace and in our own pool. We carry out continuous assessments of aircraft under evaluation for future acquisition, teardown and component asset management.

We manage component inventory from all the major aircraft platforms including Bell Helicopters, MD helicopters, Airbus Helicopters, Cessna, Beechcraft, Bombardier, Embraer and ATR. Maintaining a pool of high-quality spares to support our extensive portfolio of private customers on both our Power by the Hour and business lines, with the ability to offer managed repairs or direct repairs with our repair facilities, supported by our extensive pool of quality partners to ensure on-time delivery.

Our Process

To ensure aircraft parts are removed in accordance with the standard procedure, we provide the component maintenance manuals associated with that aircraft type and individual part number and serial number, as noted on the aircraft equipment listing, giving the teardown facility the exact information to remove those parts correctly.
 
With around 1000 components usually removed from an aircraft, depending on its size, that process takes an average of three to five weeks from start date.
 
The first stage of any teardown consists of sourcing aircraft whose component assets meet the needs of the marketplace.  To achieve successes like this, we are constantly reviewing the market and engaging with lessors and operators.

The second stage includes the technical acceptance which starts when a letter of interest is received upon a successful bid for an aircraft. Documentation and inspection then commence of the constituent parts of the airframe. Parts that are to be returned and those to be kept must be logged, and this process is vital for ensuring asset value and acceptability at the point of sale after teardown and recertification/repair as required. The aircraft is also thoroughly inspected as are its records.
 
Once the purchase of the aircraft (third stage) is complete, the fourth and final stage is the teardown itself. Partners with a third-parties teardown specialist   and choosing the right partner is vital due to the importance of the disassembly process. The selection is based on location, experience and cost, and over the years we have built a trusted network of teardown partners.

Parts Trading Specialist

In many cases, aircraft are sold or consigned to parts trading specialists shortly after they are removed from service. “Parts trading companies probably own about 25% of the aircraft that are parted out,” estimates. “They also manage a large percentage of part-out projects on a consignment basis from third-party owners, which in most cases are specialist investment funds.”

The part-out process is appealing to parts specialists, because it provides an alternative for them to obtain high-demand component items at lower costs to support their operations and sales activities. Selling or consigning an aircraft for part-out to a parts trading specialist allows third-party-owners to make returns on component asset values without having to invest in developing skills and experience outside of their business activities. Exicon Aero has previously bought its own aircraft to part-out, but has also managed the process under consignment agreements. “In the future we want to perform most part-outs on a consignment basis.