AERO TRADING GROUP Corp

PTS Aviation leases CFM56-5 to major North American Part 121 carrier under Long-Term Agreement

PTS Aviation leases CFM56-5 to major North American Part 121 carrier under Long-Term Agreement PTS Aviation has signed a comprehensive three-year General Terms and Aircraft Engine Lease Agreement (GTA/ELA) with a major North American Part 121 carrier, effective immediately.  The initial ELA establishes the lease of one serviceable CFM56-5A1F engine for a 36-month term during a crucial period of projected air traffic recovery and growth. This lease agreement represents PTS Aviation’s first publicly announced transaction since StandardAero signed a definitive agreement to purchase the company last month. Commentating on the transaction, David Blackburn, Senior Vice President – Asset Leasing & Trading for PTS Aviation, said:  “The team here at PTS Aviation continues to offer creative engine

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