AerFin

AerFin describes itself as an aviation asset specialist that gives aircraft, engines and parts a second life. It purchases, sells, leases and repairs aircraft, engines and parts to maximize value for their owners and to provide lower cost material to airline, lessor and MRO customers. It was founded in October 2010 and says it serves more than 600 customers across six continents, with more than 200 people. Its home page reports that ORIX Aviation is to acquire AerFin.

Services

• Component sales: used serviceable material for airframes and engines
• Aircraft and engine trading and leasing, including acquisition of whole aviation assets
• Engine MRO Lite: engine maintenance, disassembly, component management and end of life services
• Material service level agreements (SLAs) tailored to customers
• 24/7 AOG support
• Recent news on the site covers support for 737 MAX operators with LEAP-1B engines, A320neo inventory, ex-Japan Airlines 777-300ER teardowns, 777 inventory in Miami, and a multi-platform component consignment agreement with Lufthansa Technik

Milestones

• 2014: Carval Investors takes a majority share
• 2015: acquires Airline Service Components Limited at Gatwick
• 2016: starts operations in Asia Pacific
• 2018: first service level agreement, with BA CityFlyer
• 2019: EASA Part 145 approval, and CataCap takes a majority share
• 2021: FAA certification for engine maintenance services
• 2024: opens offices in Dublin and Singapore, a facility in Miami and a new headquarters at St. Modwen Park, Newport
• 2025: opens a 116,000 square foot global headquarters in Newport, Wales, and completes a teardown of six aircraft at Hong Kong International Airport

Company facts

• Accreditations listed: ASA-100, AS9120, UK CAA and EASA Part 145, and FAA repair station approval
• Offices include Singapore (+65 6035 1703) and Miami (+1 305 514 0537)
• The company says it has purchased over half a billion dollars of aircraft and engine assets since 2010

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