Powerhouse Engines has launched a $30 million engine investment programme in partnership with JFL Credit to expand its CFM56 engine portfolio and strengthen its presence in the aviation aftermarket.
The company said it has already begun deploying the capital, with approximately $24 million of the programme expected to be invested within the first 30 days. The initiative is aimed at increasing engine acquisitions and creating additional opportunities across the leasing, trading and MRO segments of the CFM56 aftermarket.
Also Read – ABL Aviation delivers sixth Boeing 737-8 to Copa Airlines
Powerhouse Engines, which specialises in CFM56 engine leasing, trading and maintenance solutions, said the investment reflects its strategy to grow its asset base and meet continued demand for mid-generation commercial engines.
