Vallair completes sale of peak performance CFM56 engine to confidential buyer

Wednesday, March 20, 2024

Vallair, the seasoned expert in asset management, has finalized the transaction of a CFM56-5B3/P engine to a confidential buyer. Recently refurbished to peak performance and boasting a full lifespan at the -5B3 thrust level, this engine stands as an ideal choice for leasing across the A320 aircraft series.

“The demand for this engine type is strong and steadily increasing due to very high engine shop visit demand, current limited engine shop availability, long turnaround times, and labour shortages among other factors. This newly overhauled engine, with full operational capability across all thrust levels will be put on lease,” says Patrick Leopold, Director of Asset Management at Vallair.

Vallair ASSETS is currently dedicated to acquiring airframes and aircraft primarily for teardown, which will be overseen by their seasoned engineers at Vallair’s specialized facilities in Châteauroux and Montpellier, France. Recently, the company has inaugurated a new engine teardown facility specifically for CFM56 types in Châteauroux. This efficient service operates alongside the narrowbody aircraft disassembly facilities, aimed at maximizing the value of mature assets and providing optimal returns for clients.

Vallair, headquartered in Luxembourg with facilities in Châteauroux and Montpellier, France, is an aviation enterprise offering comprehensive support for mature aircraft, engines, and major components. The company’s seven interconnected business units, rooted in engineering expertise, encompass trading & leasing, cargo conversions, aircraft MRO, engines, aerostructures & painting, material management, and aircraft disassembly. These units provide aircraft operators and owners worldwide with cost-effective solutions to prolong the lifespan of their assets or responsibly dispose of them while ensuring economic and environmental benefits. Vallair holds a prominent position in the cargo conversion, trading, and leasing of narrowbody, widebody, and regional aircraft.

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