PTS Aviation, LLC Marks First Year under StandardAero Ownership with Flurry of CFM56 Engine Transactions
PTS Aviation, LLC, marks its first year under StandardAero ownership with a flurry of new CFM56-7B and -5B engine transactions. PTS Aviation was acquired by StandardAero in December 2021.
Founded in 1995, PTS Aviation has over 150 years of combined aviation management experience and significant expertise buying, leasing and selling engines, modules and high-quality used serviceable material (USM).
PTS Aviation’s latest engine transactions, all completed during the month of December, include:
- the sale of a CFM56-7B26 engine to a third-party North American maintenance, repair and overhaul (MRO) provider
- the sale of a CFM56-7B26 engine to a European customer, for delivery in January 2023
- the sale of a CFM56-5B4 to a major North American engine lessor.
Commenting on the announcement, David Blackburn, senior vice president of Asset Leasing and Trading for PTS Aviation, says, “These latest engine transactions cap off a busy first year for the PTS Aviation team under the ownership of StandardAero. 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.”
PTS Aviation, LLC, headquartered in Miramar, FL, is a worldwide supplier of high-quality serviceable engines and used serviceable material, exclusively targeting the CFM56-3B/C, -5A/B, and -7B engine market. StandardAero is an OEM-authorized independent MRO provider and a CFM International partner supporting the CFM56-7B from its 162,000-square-foot facility in Winnipeg, MB, Canada.
For more information about StandardAero, visit www.standardaero.com.