PTS Aviation has marked its first year under StandardAero ownership with a number of new CFM56-7B and -5B engine transactions.
The company, which was founded in 1995, was acquired by StandardAero in December 2021 and has expertise in buying, leasing and selling engines, modules and high-quality used serviceable material (USM).
In December, PTS Aviation completed three engine transactions. The first was the sale of a CFM56-7B26 engine to a third-party North American MRO provider. The second was the sale of a CFM56-7B26 engine to a European customer, for delivery in January 2023. The third was the sale of a CFM56-5B4 to a North American engine lessor.
“These latest engine transactions cap off a busy first year for the PTS Aviation team under the ownership of StandardAero,” said PTS Aviation’s senior vice president – asset leasing & trading David Blackburn.
“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.”