Vallair, provider of integrated support for mature aircraft, engines and major components, has sold one CFM56-5B3/P engine (ESN 779525) to aftermarket aircraft and engine component company, Setna iO.

Armando Filho, material management director at Vallair, said: “This high-demand engine will go straight to teardown to boost Setna iO’s comprehensive inventory of aftermarket engine spares.”

The two companies have forged a strong relationship based on asset trading and component repairs.

This new deal follows the full teardown of two A320-200 airframes that Vallair’s AFRA accredited facility in Montpellier completed in Q2 this year on Setna iO’s behalf.

Filho added: “We are working to extend this co-operation further to bring additional value to our respective companies and our customers.

“We already work closely with Setna iO and build business together in a mutually sustainable way. This is a blueprint for successful business growth between both parties.”

Vallair’s aerostructures shop in Châteauroux, France, has been supporting Setna iO for some time and is the repair provider of choice for nacelles and flaps, currently managing a comprehensive schedule with competitive turn-around-times.

Hunter Edens, head of commercial at Setna iO, said: “Our business is centred on providing in stock, ready-to-go used serviceable materials to our commercial, regional, and business jet customers. Identifying the correct asset and executing the acquisition is only the first part of our internal process.

“Partnering with a vertically integrated company like Vallair allows us to not only disassemble assets on-site at their facility, but also reduce our turnaround time by utilising their in-house maintenance and repair facility which covers a wide variety of components.

“Once the teardown process of this engine is complete, we will repair all in-demand components to support our airline, lessor, and MRO customers worldwide.”

READ MORE NEWS: Vallair completes teardown of two Airbus A320s for Setna iO