CTS Engines Acquires 12 CF6-80 Engines

CTS Engines, the global leader for mature jet engine maintenance services, announced today that it had completed the acquisition through an affiliate of 12 CF6-80 engines from a major U.S. carrier. The acquired engines include nine CF6-80A and three CF6-80C2A5 models. Additional terms of the transaction were not disclosed.

“The acquisition of these engines, which are critical to the long-term operational success of our most important customers, further cements CTS’s position as a leader in the mature engine industry”

“The acquisition of these engines, which are critical to the long-term operational success of our most important customers, further cements CTS’s position as a leader in the mature engine industry,” said Brian Neff, CTS’s Chief Executive Officer. “These engines, which will be used as teardowns and short-term spares in support of our customers’ shop visits, directly improve CTS’s already outstanding value proposition within the industry.”

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Source: CTS Engines
Date: May 10, 2016