PTS Aviation Acquires Two CFM56-7B24/26 Turbofans, Bolstering Its Available Inventory of USM and Engines

PTS Aviation, LLC, a StandardAero company, has completed the purchase of two CFM56-7B24/26 engines in full LRU/BFE/QEC configuration from a major North American lessor. These engines contain high-demand internal and external components, including attractive life-limited parts (LLPs) and will be used either as rebuild candidates, module donors or full disassembly candidates to support PTS Aviation’s customer base worldwide.

This major purchase represents PTS Aviation’s second publicly announced transaction since StandardAero signed a definitive agreement to purchase the company in February of this year, a deal which marked StandardAero’s tenth acquisition since March 2015. Founded in 1995, PTS has over 150 years of combined aviation management experience and significant expertise buying, leasing and selling engines, modules and used serviceable material (USM).

Commentating on the transaction, David Blackburn, Senior Vice President - Asset Leasing & Trading for PTS Aviation, said: “The team here at PTS Aviation continues to offer creative engine material and module solutions tailored to airlines and A320/B737 operators worldwide, as we work to support the efficient and effective recovery in air travel. We look forward to offering our customers additional solutions by leveraging our USM capabilities in support of the comprehensive CFM56-7B maintenance repair and overhaul services offered by StandardAero.”