PTS Aviation 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 MRO; the sale of a CFM56-7B26 engine to a European customer, for delivery in January 2023; and the sale of a CFM56-5B4 to a North American engine lessor.
“These latest engine transactions cap off a busy first year for the PTS Aviation team under the ownership of StandardAero,” said David Blackburn, senior vice president – asset leasing and trading for PTS Aviation. “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 is headquartered in Miramar, FL, and is a 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.