FTAI Aviation has acquired seven off-lease Airbus aircraft from Air France, the company said yesterday (February 17).
The transaction includes one A318-100, four A319-100, and two A321-200 aircraft.
“As demand for our maintenance, repair, and exchange solutions continues to grow, expanding access to CFM56 engines is critical,” FTAI chief operating officer Stacy Kuperus. “We appreciate the long-standing partnership and look forward to supporting Air France's evolving fleet strategy in the future.”
The company said the transaction demonstrates its “ability to create asset value through its innovative engine repair capabilities”.