FOR IMMEDIATE RELEASE
SkyQuest International, LLC Announces the Sale of 1991 Embraer EMB-120ER Aircraft to MTW Aerospace
Winston-Salem, NC – Tuesday, April 26, 2016 – SkyQuest International, LLC is pleased to announce the sale of one (1) 1991 Embraer EMB-120ER aircraft (serial number 120227 and registration HC-CEM) to MTW Aerospace in Montgomery, Alabama.
The EMB-120ER aircraft is a twin-turboprop commuter airliner manufactured by the Brazilian aerospace conglomerate Embraer S.A. The aircraft series, also known as “Brasilia”, was developed after the success of the EMB-110 Bandeirante. Most of the aircraft were sold in the USA — the first entering service in October 1985 with Atlantic Southeast Airlines. The EMB-120ER variant features extended range and increased capacity.
There are currently about 230 Embraer EMB-120 aircraft in service or in storage. Thirteen (13) EMB-120s have been sold in the past 12 months throughout the world. The average 2015 market value for an Embraer EMB-120 is $958K.
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About SkyQuest International, LLC
SkyQuest International is a commercial aircraft sales, remarketing, acquisition and aircraft appraisal firm as well as a Quest KODIAK Dealer for NEW KODIAKs for the continent of Africa. Our experience and integrity in the secondary aircraft market as Exclusive Agents is reflected by our vast inventory of previously owned aircraft available for sale. SkyQuest International has become a leader in commercial aircraft sales and acquisitions serving operators, lenders, leasing companies and asset management groups on a global scale.
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