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July 24, 2024

AviaAM Leasing Celebrates Successful Completion of Pratt & Whitney PW4056-3 Engine Component Sale

AviaAM Leasing, a global aviation holding company engaged in tailored aircraft leasing and trading services, proudly announces the successful completion of a significant project: the sale of parted-out Pratt & Whitney PW4056-3 engine components. This end-of-life engine was previously mounted on our B747-400F aircraft.

In collaboration with ATOPS we meticulously dismantled the engine to market its parts individually. With GA Telesis handling the consignment-based purchase and overhaul, each component met the highest standards of reliability, resulting in a successful and profitable project.

This initiative not only demonstrated our team’s ingenuity but also proved to be a profitable venture. The success of this project underscores our ability to adapt and thrive in the face of adversity, opening up new avenues for future business ventures in the aviation industry.

"We are extremely proud of our team's dedication and innovative approach in handling this unprecedented challenge," said Rytis Kriunas, Deputy CEO at AviaAM Leasing. "This project highlights our ability to navigate complex situations and emerge successful, showcasing our resilience and commitment to excellence."