AerFin has strengthened its aviation aftermarket portfolio through the acquisition of a package of CFM56-5B performance improvement package (PIP) engines from a major European operator. The engines, equipped with the latest hardware configuration, provide a valuable pipeline of material for global customers and enhance AerFin’s technical capability in supporting newer-generation engine variants.
Teardown activity is already progressing at AerFin’s expanded engine facility in South Wales, where high-quality used serviceable material (USM) from the engines is being released to operators, lessors and MRO providers worldwide.
The company’s Chief Operating Officer, Simon Bayliss, noted that processing these advanced PIP engines at the Newport-based Indurent Park facility demonstrates the scale of AerFin’s in-house development. He indicated that while the business has handled PIP material previously, the combination of more sophisticated configurations and expanded capacity now enables tighter control of inventory flows and more responsive support for customer requirements.
With several teardowns completed and others progressing, a wide range of USM is already available. This includes material from AerFin’s A320neo teardown programme and an extensive inventory of B777-300ER components. Stock positioned across facilities in Newport, Gatwick, Miami and Singapore ensures customers rapid, reliable access to critical parts to support fleet operations.
