StandardAero, a U.S.-based MRO services provider, has expanded its engine service portfolio by introducing lease engine support for both LEAP-1A and LEAP-1B models. The company has already contracted multiple engines and is making them available on short-term lease arrangements to serve the needs of the global LEAP operator community.
Willis Lease Finance Corporation (NASDAQ: WLFC), a leading lessor of commercial aircraft engines and global aviation services provider, announced its financial results for the first quarter ended March 31, 2025. The company reported record quarterly revenue of $157.7 million, marking a 32.5% increase compared to the same period in 2024. Pre-tax income for the quarter was $25.3…
Aircraft Engine Lease Finance (AELF), a U.S.-based lessor specializing in aviation engines and components, has entered into a strategic partnership with Turbo Resources International, a major distributor of aftermarket aircraft parts. The agreement focuses on the consignment of AELF’s surplus aircraft and engine parts, enhancing inventory access for buyers and optimizing asset utilization.
FTAI Aviation, based in the Cayman Islands, reported a net income of $89.9 million on total revenues of $502 millionfor the year 2025. The company’s full-year financial results indicate a steady operational performance within its leasing and aftermarket services segments.
Aeras Aviation, a U.S.-based aviation asset management and engine trading firm, has announced the acquisition of three CF6-80C2 engines, further expanding its inventory of widely used widebody powerplants. In addition, the company revealed it will take two more CF6-80C2 engines on consignment, enhancing its service capabilities for MROs and leasing clients.
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.
