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AerFin acquires and begins teardown of CFM56-5B PIP engines

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AerFin acquires and begins teardown of CFM56-5B PIP engines

UK-based aftermarket specialist AerFin has acquired and begun to tear down a number of CFM56-5B Performance Improvement Package (PIP) engines from a major European customer.

With the teardown progressing at AerFin’s expanded engine shop in Newport, South Wales, used serviceable material (USM) from these engines is becoming available to operators, lessors, and MROs worldwide, the company said.

AerFin added that the PIP engines feature the latest hardware configuration and represent an “exciting pipeline” of material for its customers.

Simon Bayliss, COO at AerFin, said the teardown of the PIP engines at the Newport facility shows how far the company’s in-house capabilities have advanced in recent years.

“We’ve handled PIP material before, but the combination of this advanced configuration and our increased capacity means we can control the flow of inventory more closely and respond to customer needs with greater precision,” he said.

“It allows our team to apply their expertise where it has the greatest impact, ensuring airlines receive high-quality, serviceable material exactly when they need it.”

With some of the teardowns complete and others in progress, a broad selection of USM from these engines is already available to purchase.

The USM adds to AerFin’s growing stock of components from its A320neo teardown programme and its substantial inventory of B777-300ER components.

The material is then positioned across AerFin’s global warehousing network in Newport, Gatwick, Miami, and Singapore, giving customers fast, reliable access to the parts they need, the company said.