Vallair has completed the sale of two engines, V2527-A5 and CFM56-5B3 to TrueAero, for teardown. Both engines were sold in ‘as is’ condition and teardown will be managed by TrueAero.
USM for engines is in high demand globally, especially for the CFM56-5B engine model, Vallair claims.
“In anticipation of this increased parts demand, many significant businesses in the market are acquiring teardown assets for the type,” said Patrick Leopold, Director of Trading, Vallair. “Considering the on-going reliability issues with the A320 family NEO engine types, we see current engines being operated for longer and the requirement for parts to continue to ramp up. We are actively planning to dismantle aircraft and engine assets in our own teardown facilities in Q3 and Q4.”
Vallair is seeing year-on-year growth of more than 20% for USM attributed to its clear focus on extending the life and maximising the value of key parts through its in-house repair shop for aerostructures and its network of audited repair vendors worldwide.