Aviation asset management company Setna iO has confirmed that it has acquired a first-run CFM56-5B4/3 engine previously operated by Air Cairo. The engine has about 11,000 cycles remaining on its Fan & Booster and Bearing Support modules and 6,000 cycles on its Low-Pressure Turbine module, providing substantial remaining service life. Setna iO said the engine […]
Setna iO acquires Air Cairo CFM56 engine Read More »
Setna iO has acquired a 2019-vintage Airbus A320neo airframe and two sets of Pratt & Whitney PW1100G quick engine change (QEC) components for teardown. The aircraft, which features latest-generation avionics, cockpit systems and flight control technology, will be dismantled at ecube Solutions’ facility in Castellón, Spain. The QEC packages include two integrated drive generators (IDGs),
Setna iO acquires A320neo for teardown Read More »
Setna iO has completed the acquisition of an Airbus A320neo, previously operated by Spirit Airlines, marking the company’s first A320neo purchase for teardown in the United States. The aircraft will be dismantled at AerSale’s facility in Goodyear, Arizona, further expanding Setna iO’s next-generation narrow-body teardown programme. Recovered components will be processed through Setna iO’s integrated
Setna iO acquires First A320neo for US teardown Read More »
Setna iO, LLC (Setna), a Chicago-based global supplier of aftermarket aircraft parts, has completed its acquisition of a majority stake in J&C Aero (J&C), a Vilnius, Lithuania-based specialist in cabin interior engineering. First announced in February, the transaction strengthens Setna’s global maintenance, repair and overhaul (MRO) network and adds J&C’s certified cabin interior design, manufacturing,
Setna completes acquisition of majority stake in J&C Aero Read More »
Setna iO (Setna) has completed the acquisition of one Airbus A319-100 airframe formerly operated by easyJet, further expanding its aircraft teardown programme. The aircraft is one of three ex-easyJet A319-100s acquired as part of the transaction. The airframe will be dismantled at ecube’s facility in St Athan, Wales. Components will then be channelled through Setna’s
Setna iO expands A319 teardown portfolio Read More »
Avora Aviation, a specialist in aircraft and engine asset management, trading and leasing, has completed a sale-and-purchase agreement with Setna iO for two CFM56-5B4/3 engines. Previously part of Avora Aviation’s portfolio, the engines are set for teardown, with their high-quality components to be made available shortly to support Setna iO’s global customer base. “Working with
Avora Aviation sells CFM56 engines to Setna iO Read More »
Setna iO (Setna) has acquired an additional Boeing 737-800 airframe for teardown, with dismantling scheduled at ecube’s facility in Castellón, Spain. The move forms part of the company’s ongoing strategy to expand its inventory of serviceable material and ensure a steady supply of certified components for airline and MRO customers. The latest acquisition reinforces Setna’s
Setna iO boosts 737 parts supply with new teardown Read More »
Setna iO has announced the successful amendment and expansion of its commercial credit facility, increasing total borrowing capacity to US$550 million. This development underscores the company’s strong financial position, characterised by robust earnings, low leverage, and a scalable global platform. The expanded facility reflects the continued confidence of six leading commercial banks in Setna’s long-term
Setna expands credit facility to fuel global growth Read More »
Setna iO is widening its teardown portfolio with the acquisition of one Boeing 737-700 airframe, previously operated by Southwest Airlines, alongside two CFM56-7B26 engines formerly in service with Georgian Airlines, further strengthening its integrated aftermarket strategy. The B737-700 will be disassembled for piece parts at the ecube facility in Coolidge, Arizona, supporting demand across Setna
Setna iO widens teardown portfolio with B737-700 and CFM56-7B acquisitions Read More »
J&C Aero (J&C), a European cabin interior hub, has announced the sale of a majority stake in the business to Setna iO (SETNA), a Chicago-based global aviation group specialising in used serviceable material, trading, repair services and asset leasing. The transaction is intended to support J&C’s next phase of growth while maintaining its operational standards,
J&C Aero sells majority stake to Setna iO Read More »
