Vallair, a mature asset specialist, has successfully sold a CFM International CFM56-5B3/P engine (ESN 779525) to Setna iO, a global leader in aftermarket aircraft and engine components. The engine will undergo immediate teardown and part-out to support Setna iO’s in-stock, ready-to-go material. Setna iO and Vallair have established a strong relationship through asset trading and component repairs. This deal follows the complete teardown of two Airbus A320-200 airframes, which was carried out by Vallair’s AFRA-accredited facility in Montpellier on behalf of Setna iO in Q2 of 2023.
“We are working to extend this co-operation further to bring additional value to our respective companies and our customers,” said Armando Filho, Material Management Director, Vallair. “We already work closely with Setna iO and build business together in a mutually sustainable way. This is a blueprint for successful business growth between both parties,” he further added.