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Broward Aviation Services acquires CFM56-5A engine for part-out

Broward Aviation Services has acquired a CFM56-5A engine for part-out and disassembly will be completed by the end of March.  With this purchase, BAS will increase its engine assets base of a niche market engine that has parts commonality applicable to the 5B and 7B engine variants which are suitable for the A320 family and 737NG.

Previously operated and maintained by Air Canada, the engine will be parted-out at BP Aero In Dallas and the process is likely to take about 4 weeks. “We’re already marketing some of the LLPs” says Dennis Amaty, Co-Founder & President of the BAS Group of companies.  “We will undertake some immediate drop shipments; the remaining stock will go in AR (as removed) condition into stock at European hub facilities. Some parts will be repaired by Jet Air MRO – a BAS Group Company – in Florida.”

According to Anca Mihalache, Managing Director of AERO CARE, specialist engine adviser to BAS, “The engine market is tough for buyers right now but with the right partnerships and approach we can develop our stock of high-demand assets for customers. Turn-around times for shop visits and parts shortages remain unexpectedly high, and our research supports the market appetite for this -5A material.  However, with older engines, it is essential to take extra care with the documentation as requirements have changed over time and BAS is meticulous about meeting today’s standards. The organisation has a specially targeted list of operators for this material due to the global scarcity and the continued on-wing time for these venerable CFM56-5A engines.”

AERO CARE and Broward Aviation Services have an exclusive partnership for the engine side of the business. In less than 12 months several assets have been transitioned by the team through the sourcing and part-out process including a further CFM56-5A engine and -7B LPT module.  AERO CARE is responsible for the entire management of the engine: locating the asset, evaluation, part-out, parts overhaul, and sales; whilst BAS provides essential support: finance, warehousing, and logistics. Mihalache and Amaty believe that this partnership strengthens BAS’ market position through collaboration and focus.            

“AERO CARE has specialised in this engine type for several years,” continues Amaty.  “With BAS Group’s secure funding underpinning our growth strategy, we’re looking to buy more CFM56 engines and modules and emphatically enter the 5B/7B market, this new purchase strengthens our market position.”

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