Bid Package for Sale of One Boeing 737-400 Aircraft (MSN 26960)

Table of Contents
Engine Clarification (511 kb)	(zip)
Inspection Report (1,100 kb)	(pdf)
Auxiliary Fuel Tank Report (303 kb)	(pdf)
Maximum Fuel Quantity (197 kb)	(pdf)
Avionics List (261 kb)	(doc)
Damage & Repair Data (845 kb)	(zip)
Emergency Equipment Inventory (22 kb)	(xls)
Engine Disk Sheets (45 kb)	(xls)
Hard Time Components (168 kb)	(xls)
AD Reports (778 kb)	(zip)
Service Bulletins (961 kb)	(zip)
Photographs (1,071 kb)	(zip)
Download All Files (4,946 kb)	(zip)

The Export-Import Bank of the United States ("Ex-Im Bank") is offering for sale one (1) Boeing 737-400 aircraft (MSN 26960) (the "Aircraft"). Due to the large number and varied locations of the interested parties, as well as the amount of material Ex-Im Bank will make available, individual bid packages will not be sent. The aircraft data will be made available to all parties here on Ex-Im Bank's web site.

To access the information, please click on the links on this page for the content of the various elements of the bid data package. A single compressed file is also available that contains all files of the data package.

Below is the process that Ex-Im Bank will follow in soliciting and reviewing offers to purchase the Aircraft:

Ex-Im Bank is soliciting "cash only" offers for the Aircraft on an "as is, where is" basis. Ex-Im Bank will not entertain any offer that is contingent on financing or envisions any participation by Ex-Im Bank in financing the purchase of the Aircraft. The only contingency that Ex-Im Bank will accept in this initial round of offers is one based upon an inspection of the Aircraft and its records. If, following the completion of this solicitation process, Ex-Im Bank determines that no offers submitted are acceptable, Ex-Im Bank reserves the right to withdraw the Aircraft from sale and consider other options.

The seller of the Aircraft shall be Ex-Im Bank's security trustee under the financing structure that was put in place when the Aircraft was delivered to the former operator. The security trustee will convey full legal and beneficial title to the aircraft free from all liens, encumbrances and rights of others created by Ex-Im Bank. Neither the seller nor Ex-Im Bank will provide any additional warranty or indemnify with respect to the Aircraft, its records or any part thereof.

Interested parties will have until 5pm (Washington D.C. time) on March 13, 2006 to submit a bid for the Aircraft. As noted above, the only contingency acceptable in the offers will be for the inspection of the Aircraft and its records. Only bids submitted via e-mail to aircraftbids@exim.gov will be considered. All communications with Ex-Im Bank concerning the process must be submitted via e-mail to aircraftbids@exim.gov.

Ex-Im Bank will review the bids and the ten (10) bidders that offer the highest bids and/or the best combination of offered price and least contingencies (each a "Final Bidder") will be permitted to make a best and final unqualified cash offer, free of any contingencies. There will be a specified period during which any interested Final Bidder wishing to inspect the Aircraft and its records prior to submitting its best and final unqualified cash offer will be given the opportunity to arrange an inspection of the Aircraft and its records.

All parties who submit a bid pursuant to the specified procedures will be notified of the status of their bids no later than 5pm (Washington D.C. time) on March 22, 2006. Each Final Bidder will be required to make a deposit of USD500,000 (the "Initial Deposit") by 5pm (Washington D.C, time) on March 27, 2006. Each Final Bidder also will be required to submit evidence of its ability to make full payment of the bid amount and provide additional due diligence information as may be requested by Ex-Im Bank at that time. Failure by any Final Bidder (i) to make the Initial Deposit or (ii) to provide evidence, satisfactory to Ex-Im Bank, of its ability to make full payment of the bid amount or (iii) to provide such additional due diligence information as may be requested by Ex-Im Bank, shall disqualify such Final Bidder from further consideration.

Each Final Bidder wishing to inspect the Aircraft and records will be given an opportunity between April 3 and April 14, 2006 to complete its inspection. Ex-Im Bank's representative in Australia shall coordinate the inspection process and the Final Bidders shall not communicate directly with the storage facility to arrange inspection.

Ex-Im Bank will provide to each Final Bidder the details for making the Initial Deposit and, subsequent to the Initial Deposit being made by such Final Bidder, will provide each such Final Bidder with the contact details of Ex-Im Bank's Australian representative who will arrange an inspection of the Aircraft, if requested.

The Final Bidders will have until 5pm (Washington D.C time) on April 21, 2006 to submit their best and final unqualified cash offers.

Ex-Im Bank will notify each Final Bidder whether it is the tentative winner of the bid process by 1pm (Washington D.C. time) on April 26, 2006.

The "winning" Final Bidder will be notified and required to deposit an additional US$1,000,000 (the "Closing Deposit") into the deposit account within 3 business days. Further, at that time the Initial Deposit of the "winning" Final Bidder will be paid over to the seller as a non-refundable, good faith down payment on the Aircraft. A closing date will then be set as soon as practicable and sale documentation will be distributed, but in no event shall the final sale date be delayed beyond May 12, 2006.

Each Final Bidder not selected as the tentative winner can elect whether to have its Initial Deposit returned promptly or only upon final closing of the sale to the winning bidder. If for any reason, the sale of the Aircraft to the selected "winning" Final Bidder does not close, Ex-Im Bank, in its sole discretion, will elect whether to proceed to the next highest Final Bidder whose Initial Deposit remains on account or to terminate the process. At the point that the Aircraft is conveyed to a "winning" Final Bidder, each remaining Initial Deposit will be returned to the respective "losing" Final Bidders.

Ex-Im Bank reserves the right to reject any and all bids and/or to terminate the sale process at any time in its sole discretion.

Ex-Im Bank does not warrant, and makes no representation as to, the accuracy, completeness, currency or reliability of any information (whether contained in a document or otherwise) that may be provided or made available to any person or entity in connection with the marketing, sale or due diligence process in respect of, the Aircraft ("Information"). Any liability on the part of Ex-Im Bank for any loss or damage suffered or incurred by the recipient of any Information or any other person as a result of or arising out of that recipient or other person placing any reliance on the Information or its accuracy, completeness, currency or reliability, except to the extent (if at all) that such Information is the subject of a warranty under a sale and purchase agreement ("Liability") is hereby disclaimed to the full extent permissible by law. Any and all Information is provided or made available on the condition that the person to whom it is provided or made available releases Ex-Im Bank from, and covenants not to commence any legal proceedings or other steps to enforce, any Liability that Ex-Im Bank would otherwise have.