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AMS Aircraft Services Mandated to Sell Two CFM56-5B6/3 Engines via RFP

AMS Aircraft Services, a UK-based aviation asset management and sales company, has been exclusively mandated to remarket two CFM56-5B6/3 engines. The engines, serial numbers 697839 and 697840, are being sold on behalf of their owner through a detailed Request for Proposals (RFP) process.

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IBA Group Expands E190AR Remarketing Mandate to Four Aircraft

IBA Group, a UK-based aviation consultancy, has announced an expansion of its exclusive mandate to remarket Embraer E190AR aircraft, increasing the offering from three to four aircraft. The E190ARs, equipped with CF34-10E6 engines, are currently operational with an East African airline and are available for outright purchase. This expanded mandate reflects IBA Group’s reputation for…

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Pakistan Receives Single Bid for PIA Stake in Privatization Push

Pakistan’s government, in its bid to privatize Pakistan International Airlines (PIA), received only one bid from a shortlist of six potential bidders. Blue World City, a major real estate consortium with diversified interests, has emerged as the sole bidder for a 60% stake in PIA. This privatization aligns with Prime Minister Shehbaz Sharif‘s commitments to…