- FTAI Aviation ( NASDAQ: FTAI ) and Unical Aviation have acquired substantially all of the assets of iAero Thrust, a hospital maintenance and testing facility dedicated to the CFM56 engine.
- Financial terms of the deal were not disclosed.
- The acquired assets and facilities are based in Miami and will be rebranded QuickTurn Engine Center. At full capacity, the center is expected to support 150 light shop visits and 300 engine tests per year, while also offering field maintenance services.
For further details see:
FTAI Aviation, Unical Aviation acquire iAero Thrust assets