PTS Aviation, a StandardAero company, has completed the sale of one CFM56-7B engine with lease attached to Aerovista FZC, an aviation asset manager based in Dubai, United Arab Emirates.
This sale represents PTS Aviation’s fifth publicly announced transaction since StandardAero signed a definitive agreement to purchase the company in December 2021, a deal which marked StandardAero’s tenth acquisition since March 2015. Founded in 1995, PTS Aviation has over 150 years of combined aviation management experience and significant expertise buying, leasing and selling engines, modules and high-quality used serviceable material (USM).
