AerFin has completed the sale of a CFM56-5C3 engine to European airline Hi Fly. The engine is expected to power Hi Fly’s fleet of Airbus A340 aircraft, utilising the plentiful green-time availability left on the engine.

"The A340 market remains highly active and our new support options, such as Beyond.Fleet.Services, are proving very popular with operators around the world. Quality and safety are assured, so then clients welcome the ability to fix costs or support the bespoke asset lifecycle strategies." - Bob James, AerFin CEO

This sale further extends AerFin’s support for A340 operators, following the recent delivery of the CFM56-5C4 engine to Philippine Airline’s (PAL) as part of the Beyond.Fleet.Services solution package with SR Technics.

AerFin CEO, Bob James, commented “The A340 market remains highly active and our new support options, such as Beyond.Fleet.Services, are proving very popular with operators around the world. Quality and safety are assured, so then clients welcome the ability to fix costs or support the bespoke asset lifecycle strategies.”

Paulo Mirpuri, Hi Fly President and CEO, commented “Hi Fly is a leading wet lease specialist worldwide and this is the second engine Hi Fly purchased from AerFin for our successful Airbus A340 fleet, one of the largest in operation. It represents a cost-effective option to the traditional overhaul of the engines and we very much look to expand our commercial relationship with AerFin.”