Powerhouse Engines Strengthens Aviation Leasing with CFM56-5B Acquisition

Powerhouse Engines Expands Leasing Portfolio

Powerhouse Engines recently announced an exciting expansion to its leasing portfolio by acquiring two CFM56-5B engines. This strategic acquisition not only enhances their inventory but also reinforces their standing as a reliable provider of aviation engine solutions on a global scale.

The CFM56-5B engine is famed for its robust reliability and efficiency, powering the widely used Airbus A320 family. It remains one of the most sought-after engines in the industry, making this acquisition vital for Powerhouse Engines. With these new additions, the company now enjoys a richer inventory, enabling it to offer more flexible leasing, trading, and maintenance, repair, and overhaul (MRO) solutions to airlines, lessors, and MRO service providers worldwide.

These engines are going to be placed on operating lease with a valued client, highlighting Powerhouse's deeper engagement in the mid-generation market segment. As the aviation sector continues to grapple with complex supply chain challenges, airlines are increasingly leaning towards leasing solutions to sidestep the high costs and delays associated with engine shop visits. This shift makes the availability of serviceable engines more critical than ever.

Eric Engdahl, CEO of Powerhouse Engines, elaborated, "The addition of these CFM56-5B engines underscores our commitment to providing our clients immediate access to high-quality assets while delivering timely and effective solutions. By broadening our portfolio, we are well-positioned to meet the rising market demand for customized leasing solutions and MRO support amidst today's dynamic aviation environment."

The global demand for engine MRO services is reaching new heights, particularly for those requiring performance restoration. This rise is especially pertinent as the A320 CEO family of aircraft benefits from operational life extensions. Forecasts indicate that the demand for mid-generation engine maintenance and trading will continue to remain robust well into the next decade.

In line with market demand, this acquisition marks a significant step forward, following a substantial capital infusion from partners led by Inoa Capital. Powerhouse Engines' capital investment strategy is not only designed to fuel the growth of its engine leasing endeavors but also to enhance its MRO capabilities. This positioning allows the company to provide tailored solutions and increased value to its customers.

About Powerhouse Engines

Powerhouse Engines exclusively specializes in the leasing, trading, and maintenance optimization of the CFM56-5B and -7B commercial engines. The company merges deep market insights with in-house MRO capabilities to deliver high-value performance and solutions throughout the engine lifecycle. To discover more about the driving force behind Powerhouse, visit Powerhouse Engines.