As airlines continue flying older aircraft due to lower fuel costs, the demand for jet engine parts, complete engines, and engine leases has increased dramatically. Damon Bowden, vice president of global sales and business development at AerSale, noted that while “the engines of the moment are the V2500 and the CFM56-5B and -7B, overall demand in the marketplace for engine shop visits is extremely high. There are not many people out there able to acquire engines for teardown and this is driving parts availability issues for some older engines.” Since engines cannot be extended due to life-limited parts and performance requirements, any engines that do become available are aggressively bid on for disassembly or lease.
With air travel in North America, Europe, and Asia expanding annually, operators are looking to fill demand for thrust through short-term aircraft engine leasing to prevent or defer engine maintenance spending and downtime. However, engine and engine part scarcity will not continue indefinitely. Bowden also pointed out that “with the current amount of aircraft on order and carriers only having so much capacity on their aircraft, many older engines will return to the market as good part-out opportunities.”
In today’s competitive engine market, you need an aviation MRO with the right parts, people, and performance to keep your fleet flying. The answer is AerSale.Parts Procurement
Since 2009, AerSale has purchased more than 500 engines for part-out and specializes in providing large-scale material consumers a consistent source of fully traceable high-demand engine parts.
With over 20,000 unique jet engine part numbers, AerSale’s sales inventory covers the most in-demand engine lines, including:
- CFM56-2, -3, -5, -7
- RB211-524, -535
- V2500-A5, -D5
- Trent 800
Additionally, our continuously growing aircraft and engine lease portfolios provide a constant source of parts to meet future inventory demands as these assets eventually return off-lease for part-out.
As the single most expensive component on your aircraft, you need flexible engine options. AerSale provides a full array of choices for spare engine coverage including aircraft engines for sale, lease, and exchange. Whether you are facing an unexpected aircraft-on-ground situation, or prefer medium to long-term engine leasing over ownership, AerSale can tailor solutions specifically to fit your operational needs.
- Engine sales - We maintain a substantial inventory of airplane engines for sale to support your operating fleet and an extensive engine spares pool.
- Engine leasing - For customers who prefer not to tie up capital in engine ownership, we formulate short, medium, or long-term lease agreements to suit your needs. We also structure purchase leaseback programs to take engines off your books, while offering an immediate cash infusion.
- Engine exchange – Get your aircraft back into revenue service faster. Instead of waiting for your engine to be repaired, an AerSale engine exchange eliminates the administrative burden of a shop visit while also reducing expenses.
People and Performance Power
Not only does AerSale have the engine parts you need, but also the experienced team to install and maintain them. With stringent adherence to the highest quality standards, AerSale’s National Aerospace Standard 410 level II and level III skilled mechanics understand the importance of keeping your fleet’s engines safe, reliable, and cost-effective through services like:
- Engine inspection testing – including CFM56-7B specific non-destructive testing
- Engine maximum power assurance runs and certification
- Engine repair and borescope services
- Engine preservation and storage
- Supporting engine lease returns and on-site deployments
- Full engine tear-downs and component part-out
The AerSale Engine Advantage
AerSale has developed a strong infrastructure to meet the high demand for OEM used serviceable engine replacement parts. Our comprehensive supply of engines and engine parts is based on materials we have acquired, torn down, rebuilt, and inspected in-house. We operate one of the largest aviation aftermarket logistics and distribution networks, ensuring that our customers get the parts they need, when they need them.
As a global aviation leader, AerSale supplies aftermarket commercial aircraft, engines, and OEM used serviceable materials to passenger and cargo airlines, leasing organizations, government entities, multinational OEMs, and independent MROs. The company offers flexible leases and finance options for a wide range of the most popular aftermarket aircraft and engines, offers asset management services to owners of end-of-life aircraft and engine portfolios, and maintains one of the world’s most comprehensive inventories of aircraft and engine components. Headquartered in Coral Gables, Florida, AerSale maintains offices and operations in the United States, Europe, and Asia. For more information on how AerSale can keep your aviation assets working for your profitability from first flight to final flight, visit www.aersale.com.