AAR and FTAI Aviation propel CFM56 support into the future

AAR CORP. has extended its exclusive serviceable engine products agreement with FTAI Aviation until 2030. This long-term collaboration continues to focus on the supply of CFM56 used serviceable material (USM), ensuring a steady inventory for the global aviation aftermarket and FTAI’s innovative Module Factory™. FTAI’s Module Factory™ is a dedicated commercial maintenance centre designed specifically […]

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FTAI Aviation partners with OneIM to drive US$4 billion aircraft investment

Financial

FTAI Aviation (FTAI) has announced a new partnership with One Investment Management (OneIM) as part of its inaugural vehicle under FTAI’s ‘Strategic Capital Initiative’. The company anticipates accelerating its acquisition of on-lease narrow-body aircraft over the coming quarters. This expansion is being financed through a combination of equity commitments and a previously announced US$2.5 billion

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SCI secures US$2.5 billion asset-level debt financing commitment

Financial

FTAI Aviation Ltd. (FTAI) has announced that its Strategic Capital Initiative (SCI) has secured a US$2.5 billion asset-level debt financing commitment. This funding is led by global investment firm ATLAS SP Partners, a structured products business primarily owned by Apollo funds, in collaboration with Deutsche Bank AG, New York Branch. The financing is expected to

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Satna iO has secured a majority stake in Zulu Global © Shutterstock

FTAI Aviation completes acquisition of LMCES

Financial

FTAI Aviation has successfully finalised the acquisition of Lockheed Martin Commercial Engine Solutions (LMCES), a 526,000 ft² aircraft engine maintenance and repair facility based in Montréal, Québec. This acquisition from Lockheed Martin Canada bolsters FTAI Aviation’s maintenance, repair, and exchange (MRE) business, enhancing its ability to deliver comprehensive maintenance services to airline customers. The integration

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The V2500® engine powers commercial, cargo and military aircraft © Pratt & Whitney

FTAI Aviation and IAE sign V2500 engine maintenance agreement

MRO & Production

FTAI Aviation and IAE International Aero Engines (IAE) have announced a five-year EngineWise® maintenance services agreement for V2500 engines. The agreement encompasses over 100 full-performance restoration shop visits. IAE is a multinational consortium consisting of Pratt & Whitney, Pratt & Whitney Aero Engines International GmbH, Japanese Aero Engines Corporation, and MTU Aero Engines AG. “FTAI’s

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Willis Lease and GEM to establish an engine test cell facility in West Palm Beach, Florida, for testing CFM56-5B and CFM56-7B engines

FTAI Aviation to acquire Lockheed Martin Engine Solutions

Financial

FTAI Aviation has announced its agreement to acquire Lockheed Martin Commercial Engine Solutions (LMCES) from Lockheed Martin Canada for $170 million. This transaction is pending customary regulatory approvals and is expected to be finalised in the latter half of 2024. LMCES operates a 526,000 ft² aircraft engine maintenance and repair facility in Montréal, Quebec, with

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AAR and FTAI Aviation propel CFM56 support into the future

FTAI Aviation partners with OneIM to drive US$4 billion aircraft investment

SCI secures US$2.5 billion asset-level debt financing commitment

FTAI Aviation completes acquisition of LMCES

FTAI Aviation and IAE sign V2500 engine maintenance agreement

FTAI Aviation to acquire Lockheed Martin Engine Solutions

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