16 Feb 2025
#3 Feb 2025: Irish Aircraft Leasing Newsletter
Broward Aviation Services Acquires Boeing 737 NG from AerCap for Disassembly
Broward Aviation Services (BAS) has acquired a Boeing 737 NG (MSN 32798) airframe from AerCap, marking another significant move in the aviation parts market. The aircraft, formerly operated by t’way Air, will be disassembled at AerCap’s Materials facility in Mississippi, with the process expected to be completed by mid-February.
BAS President Dennis Amaty stated that around 800 high-value parts will be harvested, repaired, and stocked across the company’s facilities in the US and Shannon, Ireland, strengthening MRO (Maintenance, Repair, and Overhaul) and AOG (Aircraft on Ground) support services. This acquisition aligns with BAS's strategy of expanding its B737NG parts inventory, with a total stock valuation exceeding $60 million.
Six West Aviation Expands Portfolio with Acquisition of Kleos Aero
Six West Aviation has announced the acquisition of Kleos Aero, a well-established provider of flight planning, trip management, and concierge services. This acquisition enhances Six West’s global operational capabilities while reinforcing its commitment to providing comprehensive aviation support services.
Founder Jason Williamson emphasized that Kleos Aero's expertise in flight planning and logistics perfectly aligns with Six West’s expansion strategy. The acquisition is expected to drive growth opportunities and improve customer experience by integrating Kleos Aero's premium services into Six West's global portfolio.
World Star Aviation Completes Inaugural GEnx-1B Sale and Leaseback Transaction
World Star Aviation has successfully completed its first sale and leaseback transaction for a GEnx-1B engine, marking its expansion into a new generation of advanced engine financing. The move underscores World Star Aviation’s commitment to providing tailored financing solutions for airlines and investors, ensuring they have access to the latest fuel-efficient, high-performance engine technology.
By adding the GEnx-1B to its portfolio, World Star Aviation continues to diversify its asset base, supporting airlines looking for flexible, cost-effective leasing options to drive operational growth.
Acumen’s Take
On Broward Aviation Services Acquires Boeing 737 NG from AerCap for Disassembly
BAS’s B737NG teardown strategy reflects the growing demand for high-quality used aircraft parts, particularly for the widely operated 737NG fleet. As airlines prioritize cost-effective maintenance solutions, the aftermarket for teardown components will remain critical in ensuring fleet longevity. By expanding its inventory in both the US and Ireland, BAS is positioning itself as a key supplier for MRO and AOG services worldwide.
On Six West Aviation Expands Portfolio with Acquisition of Kleos Aero
Six West’s acquisition of Kleos Aero strengthens its flight planning and operational support portfolio, catering to private, charter, and commercial aviation sectors. The deal not only expands service offerings but also underscores the increasing demand for specialized aviation logistics. As business aviation and global trip coordination become more complex, this move positions Six West as a one-stop solution provider for its growing client base.
On World Star Aviation Completes Inaugural GEnx-1B Sale and Leaseback Transaction
World Star Aviation’s expansion into next-generation engine leasing aligns with the industry’s shift toward fuel-efficient and technologically advanced aircraft powerplants. As airlines focus on reducing operating costs and improving sustainability, demand for flexible leasing solutions will increase. This move also enhances financial flexibility for airlines looking to upgrade their fleets while managing capital expenditures efficiently.
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