MIRAMAR, Fla. – January 4, 2023 – PTS Aviation, LLC has marked its first year under StandardAero ownership with a flurry of new CFM56-7B and -5B engine transactions. PTS Aviation was acquired by StandardAero in December 2021. Founded in 1995, PTS Aviation has over 150 years of combined aviation management experience and significant expertise buying, leasing and selling engines, modules and high-quality used serviceable material (USM).
PTS Aviation’s latest engine transactions, all completed during the month of December, include:
- The sale of a CFM56-7B26 engine to a third-party North American maintenance, repair and overhaul (MRO) provider
- The sale of a CFM56-7B26 engine to a European customer, for delivery in January 2023
- The sale of a CFM56-5B4 to a major North American engine lessor
Commenting on the announcement, David Blackburn, Senior Vice President – Asset Leasing & Trading for PTS Aviation said: “These latest engine transactions cap off a busy first year for the PTS Aviation team under the ownership of StandardAero. We have had great success this year in leveraging our engine leasing and USM services in support of StandardAero’s own CFM56-7B MRO capabilities in order to meet the needs of the global customer base, and look forward to further expanding these activities in 2023 as StandardAero introduces its new CFM56-7B hospital shop and test cell capabilities in Dallas-Fort Worth.”
PTS Aviation, LLC, headquartered in Miramar, FL, is a worldwide supplier of high-quality serviceable engines and used serviceable material, exclusively targeting the CFM56-3B/C, -5A/B, and -7B engine market. StandardAero is an OEM-authorized independent MRO provider and a CFM International partner supporting the CFM56-7B from its 162,000 square foot facility in Winnipeg, MB, Canada.
StandardAero is one of the world’s largest independent providers of services including engine and airframe maintenance, repair and overhaul, engine component repair, engineering services, interior completions and paint applications. StandardAero serves a diverse array of customers in business and general aviation, airline, military, helicopter, components and energy markets. StandardAero is owned by global investment firm Carlyle.