The acquisition of the CFM56-5b is important for our portfolio as we develop our capabilities and build our reputation as a strong and reliable partner for our narrow body customers.
6 October 2021: APOC haspurchased its first CFM56-5b engine for immediate part-out. It is one of a range of engines that the business is sourcing to augment the new spare parts division and will comprise the complete array of components for overhaul including LLPs, fan blades, HPT and HPC blades.
Anca Mihalache, VP Engine Trading and Leasing said, “We have an impressive target for engine dismantlement over the next 5 years. APOC is able to offer A320 family aircraft operators’ customers flexible green-time engine leasing solutions, so we need a range of assets to meet these varying needs. We already part-out engines that come off-lease as they become unserviceable, but as a fairly new department we are also buying engines directly for part-out and we have an impressive target for the acquisition and dismantlement of engines over the next five years. We are seeing much more activity in the engine MRO shops. Since we set up the APOC engine division some two years ago we have naturally experienced the impact of COVID-19. But we know our assets and the complexities of the aviation market. The acquisition of the CFM56-5b is important for our portfolio as we develop our capabilities and build our reputation as a strong and reliable partner for our narrow body customers in the aviation industry.”
With secure funding available, APOC is on an upward growth trajectory and looking at packages of engines, not just single units. The part-out of its first CFM56-5b engine will be undertaken by GA Telesis and is anticipated to be completed within the month.
