Griffin and Bain Capital enter the spare engine market

Griffin Global Asset Management (Griffin) and Bain Capital Special Situations (Bain Capital) have agreed to acquire 17 new technology Rolls-Royce Engines, including Trent XWB-84s, Trent XWB-97s, Trent 1000s, and Trent 7000s. The engines will be owned by a newly-formed standalone entity and used as spares by the Rolls-Royce global customer base. For Griffin and Bain Capital, this deal demonstrates their ability to provide bespoke solutions to airlines, original equipment manufacturers, and others across the industry. ”We are excited to have completed this transaction with the Rolls-Royce team and look forward to supporting their customers over the coming years,” said Ryan