PTS Aviation has marked its first year under StandardAero ownership with a flurry of new CFM56-7B and -5B engine transactions.
PTS Aviation’s latest engine transactions, all completed during the month of December, include the sale of one CFM56-7B26 engine to a third-party North American maintenance, repair and overhaul provider (MRO), the sale of one CFM56-7B26 engine to a European customer, for delivery in January 2023 and the sale of one CFM56-5B4 to a major North American engine lessor.
Commenting on the announcement, David Blackburn, Senior Vice President – Asset Leasing & Trading for PTS Aviation said: “These latest engine transactions cap-off a busy first year for the PTS Aviation team under the ownership of StandardAero. We have had great success this year in leveraging our engine leasing and USM services in support of StandardAero’s own CFM56-7B MRO capabilities in order to meet the needs of the global customer base and look forward to further expanding these activities in 2023 as StandardAero introduces its new CFM56-7B hospital shop and test cell capabilities in Dallas-Fort Worth.”
PTS Aviation was acquired by StandardAero in December 2021. 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).
