VAS Aero Services, a U.S.-based specialist in aftermarket aviation services, has been selected by Airbus to manage the teardown and redistribution of used serviceable material (USM) from three Airbus A380 aircraft, bearing serial numbers 061, 066, and 084. These aircraft are being formally retired from service and will undergo disassembly in collaboration with Tarmac Aerosave in France.
Contrail Aviation Support, a U.S.-based provider of aircraft engine solutions and aftermarket services, has announced the appointment of Tom Keeler as its new Vice President Technical. Keeler brings decades of aviation industry experience and is expected to play a critical role in enhancing Contrail’s technical operations as the company expands its global footprint.
Setna iO, a U.S.-based aviation asset management and engine leasing company, has announced the installation and lease of one V2500-A5 engine to Heston Airlines, a Lithuanian ACMI and charter operator. The leased engine will support Heston’s peak summer 2025 flying season, ensuring operational continuity during a high-demand period.
World Star Aviation (UK) has successfully delivered two CFM56-7B engines on lease to Turkish Airlines and Go2Sky (Slovakia), further strengthening its presence in the engine leasing market. Additionally, the company has novated a CFM56-5B engine lease to Croatia Airlines, ensuring continued support for airline fleet operations.
Jordan Airmotive, a leading MRO provider based in Jordan, has announced a new partnership with FTAI Aviation (Cayman Islands) to overhaul CFM56-5B engines, a widely used powerplant for the Airbus A320 family. The collaboration aims to enhance MRO (maintenance, repair, and overhaul) capabilities and expand cost-effective solutions for engine operators in the Middle East and beyond.
Aero Engine Solutions (US) has announced the formation of two dedicated leasing entities, AES Engine Leasing and AVEN Engine Solutions, marking a significant expansion in its aircraft and engine leasing portfolio.
SMBC Aero Engine Lease (Netherlands) has successfully delivered its fifth aircraft engine to Aeromexico, completing a sale & leaseback transaction for a GEnx-1B76A engine on November 29, 2024. This latest deal strengthens the ongoing partnership between SMBC Aero Engine Lease and Aeromexico, supporting the airline’s fleet modernization and operational efficiency.
World Star Aviation, a UK-based aviation asset management company, has announced the successful completion of a sale/leaseback transaction for a GEnx-1B engine. This transaction underscores the company’s expertise in structuring tailored leasing solutions for the aviation industry.
Aero Capital Solutions (US) has shared its 2024 transaction highlights, showcasing a year of significant activity and growth. The company purchased 67 aircraft and 10 standalone engines during the year, strengthening its diverse portfolio of aviation assets.
BOC Aviation (Singapore) has released details of its transactions for the fourth quarter of 2023 and its projections for 2024, highlighting strong growth and activity across its operations.
