BeauTech Power Systems acquired 12 General Electric CF34-10E engines from Alliance Aviation Services, which owns Alliance Airlines — the largest E190 fleet operator in Australia.
The company said this transaction “further strengthens” its position as the “leading lessor” of these engines globally, adding that it continues to grow its CF34-10 engine pool and its commitment to support E-Jet operators.
“This deal underscores our leadership in the CF34 segment and demonstrates our continued investment in high-demand engine platforms,” said BeauTech founder and CEO Lee Beaumont.
Alliance managing director Scott McMilan commented: “This transaction represents a strong outcome for Alliance, allowing us to unlock value from surplus assets while benefiting from favourable market conditions and currency exchange rates.”
BeauTech covers CF34, CFM56, and LEAP platforms.