AerFin, the aviation asset specialist that buys, sells, leases and repairs aircraft, engines and parts, has acquired a package CFM56-5B Performance Improvement Package (PIP) engines from a major European customer
The PIP engines, featuring the latest hardware configuration, represent an exciting pipeline of material for AerFin’s customers and further strengthen the company’s technical expertise in supporting new-generation configurations.
With the teardown now well underway at AerFin’s expanded engine shop in South Wales, high-quality used serviceable material (USM) from these engines is becoming available to operators, lessors and MROs worldwide. Customers are encouraged to contact AerFin’s sales team to discuss availability.
Simon Bayliss, Chief Operating Officer at AerFin, said: “Bringing these PIP engines through teardown at our Indurent Park facility in Newport, shows how far our in-house capability has come. We’ve handled PIP material before, but the combination of this advanced configuration and our increased capacity means we can control the flow of inventory more closely and respond to customer needs with greater precision. It allows our team to apply their expertise where it has the greatest impact, ensuring airlines receive high-quality, serviceable material exactly when they need it.”
Simon Goodson, Chief Executive Officer at AerFin, added: “This acquisition highlights both the trust we have built with leading airlines and the confidence we have in our team’s ability to deliver. By bringing these newer-technology engines into our pipeline, we’re not only enhancing our capability but also reinforcing AerFin’s position as a global leader in the aviation aftermarket.”
With some of the teardowns complete and others now well underway, a broad selection of USM from these engines is already available to purchase. This sits alongside our growing stock from the A320neo teardown programme and a substantial inventory of B777-300ER components. Material is positioned across our global warehousing network in Newport, Gatwick, Miami and Singapore, giving customers fast, reliable access to the parts they need to keep their fleets moving.
