Intrepid Aviation confirmed the sale of one Pratt & Whitney powered A330-300 aircraft to Floreat Aviation MSN 1518 Limited, for which Doric will act as asset manager for the aircraft going forward. The aircraft was acquired new by Intrepid in April 2014 and delivered under long-term lease to Korea’s Asiana Airlines.

“We are very pleased to conclude this deal with Floreat Aviation MSN 1518 Limited. This is the second A330-300 we have sold this year, which further demonstrates the continued investor interest in young A330s on long-term lease, in particular to globally recognized operators such as Asiana,” said Intrepid’s CEO Olaf Sachau.

Intrepid Aviation is a privately held commercial aircraft lessor, which owns commercial aircraft leased to airline operators worldwide. Intrepid Aviation focuses primarily on twin-engine widebody and large narrowbody equipment.