PTS Aviation recently completed the sale of one CFM56-7B engine with a lease attached to Aerovista FZC, an aviation asset manager based in Dubai, United Arab Emirates.
Commentating on the transaction, Yuriy Tokarev, Vice-President of Asset Management at Aerovista, said: “We are delighted to announce the completion of our deal with PTS Aviation, it was a pleasure to work with them on this transaction from start to finish. We look forward to working with the team at PTS Aviation on future upcoming transactions as we continue to build out our engine portfolio.”
Commenting on the announcement for PTS Aviation, David Blackburn, Senior Vice President of Asset Leasing & Trading said: “The PTS Aviation team has once again provided a creative and unique solution, generating a ‘lease-to-purchase option’ tailored specifically to support Aerovista, one of our major engine customers overseas. With several CFM56-7B acquisitions recently completed, PTS Aviation will continue to offer our customers innovative and cost-effective solutions by leveraging our engine leasing, USM, and MRO capabilities in support of the growing range of CFM56-7B maintenance repair and overhaul services offered by StandardAero, soon to include hospital shop and test cell capabilities in Dallas-Fort Worth.”
This sale was PTS Aviation’s fifth publicly announced transaction since StandardAero purchased the company in December 2021.