AerFin has acquired its fifth Airbus A320neo and has successfully placed its two engines following a teardown in the Philippines — its first in the Asia-Pacific region.
The aircraft was acquired through a “continued collaboration” with a Middle Eastern investor, and its PW1100 GTF engines were removed by Singapore Airlines Engineering Philippines (SIAEP).
The engines were subsequently housed in Singapore by B&H Worldwide, prior to being placed with their new operator.
The aircraft was acquired from EMP Aviation Trading, after AerFin initiated and structured the deal, acting as transaction originator and asset manager.
AerFin said the placement of the engines underscores the strength of demand for serviceable GTF engines and highlights the lessor’s growing presence in the A320neo engine market.
“With a significant pipeline of A320neo aircraft and PW1100 engines, AerFin is well positioned to support operators, lessors and investors navigating supply chain constraints,” the company said.
“As we move into 2026, we expect further opportunities to deploy A320neo aircraft and engine solutions that deliver value for our customers.”