MRO & Manufacturing
AerFin Expands A320neo Aftermarket Services with Middle East Partnership
UK aviation firm AerFin acquires four A320neo aircraft to supply sustainable used parts, addressing global demand amid supply chain challenges.
AerFin, the UK-based aviation asset management company, has taken a significant step in expanding its aftermarket capabilities through the acquisition of four A320neo aircraft in partnership with a Middle Eastern investor. This strategic move, involving 2017-vintage aircraft sourced from Aviation Capital Group (ACG), is geared towards dismantling the aircraft to provide Used Serviceable Material (USM). The goal: to meet the growing global demand for cost-effective, sustainable, and high-quality aviation parts.
As the aviation industry grapples with supply chain disruptions and increasing sustainability mandates, AerFin’s approach aligns with the broader shift towards circular economy practices. By extending the lifecycle of aircraft components and reducing dependency on new parts, AerFin is reinforcing its role as a reliable partner for airlines, lessors, and Maintenance, Repair, and Overhaul (MRO) providers worldwide.
This acquisition not only strengthens AerFin’s inventory but also symbolizes a larger transformation within the aviation aftermarket. As newer aircraft like the A320neo are now being parted out due to operational and economic pressures, companies like AerFin are redefining what it means to manage aviation assets in a resource-constrained world.
Traditionally, aircraft part-outs were reserved for older models nearing the end of their service life. However, that paradigm has shifted due to a combination of factors including global supply chain issues, engine recalls, and delayed new aircraft deliveries. This has led to a growing trend of dismantling even relatively new airframes like the A320neo to harvest components for reuse.
AerFin’s acquisition fits squarely within this trend. The A320neo, which entered service in 2016, has over 10,000 orders globally, making it one of the most widely adopted narrow-body aircraft platforms. The four aircraft acquired are from the early production years (2017), offering parts that are both in high demand and relatively modern in design and technology.
By dismantling these aircraft, AerFin can provide components that are 20–40% cheaper than new parts, according to industry estimates. This cost advantage, coupled with the environmental benefits of reusing materials, makes USM an increasingly attractive option for airlines operating under tight financial and regulatory constraints.
“This is a landmark moment for AerFin and a testament to our expertise in the aviation aftermarket.” – Simon Goodson, CEO of AerFin
The aviation industry is under growing pressure to reduce its carbon footprint, and one of the most effective ways to do that is through the implementation of circular economy principles. Reusing aircraft components not only reduces waste but also minimizes the emissions associated with manufacturing new parts.
According to a report by KPMG, using USM can reduce manufacturing emissions by 30–50% per component. Furthermore, aircraft dismantling processes today can recycle up to 90% of an aircraft’s materials. These figures underscore the environmental benefits of AerFin’s strategy and highlight the increasing role of sustainability in asset management decisions. This shift is not just about environmental compliance. It’s also about operational resilience. With OEMs like Airbus and Boeing facing production backlogs, USM provides a timely and practical solution for operators needing to keep their fleets airworthy.
With facilities in the UK, Singapore, Miami, and Dublin, AerFin has positioned itself as a global player in the aviation aftermarket. The company employs over 200 specialists and has built a reputation for delivering reliable and innovative solutions to a diverse client base.
These capabilities enable AerFin to manage complex transactions and technical processes involved in aircraft dismantling and component certification. The partnership with the Middle Eastern investor adds a financial dimension to this technical expertise, allowing for larger and more strategic investments moving forward.
As the company continues to grow, its global presence ensures that it can meet regional demands efficiently while maintaining high standards of quality and compliance across its operations.
The demand for USM is on the rise, driven by a combination of aging fleets, supply chain bottlenecks, and cost pressures. According to market research, the USM market is projected to grow from $7.47 billion in 2024 to $10.31 billion by 2032, representing a compound annual growth rate (CAGR) of 4.1%.
AerFin’s acquisition of the A320neo aircraft positions the company to capture a significant share of this expanding market. Each aircraft offers thousands of components that can be refurbished and recertified for reuse, providing a steady stream of inventory for customers worldwide.
This is particularly important for airlines operating in emerging markets or those with tight maintenance budgets. By offering high-quality parts at a lower cost, AerFin helps these operators maintain safety and reliability without the financial burden of purchasing new components.
The involvement of a Middle Eastern investor in this transaction is noteworthy. It reflects a growing interest among institutional investors in aviation aftermarket assets, which are seen as stable and resilient compared to more cyclical segments of the industry. These investments are not just about financial returns. They also align with broader economic strategies in the Gulf region, where diversification away from oil is driving investments in sectors like aviation, logistics, and technology. The partnership with AerFin offers a mutually beneficial model that combines capital with operational expertise.
Such collaborations could become more common as the aviation industry continues to evolve. Investors are increasingly looking for opportunities that offer both financial and environmental returns, and the aftermarket segment is well-positioned to deliver on both fronts.
AerFin’s ability to execute this complex transaction demonstrates its leadership in the aviation aftermarket. The company has consistently shown a willingness to adapt to changing market conditions and to invest in solutions that meet the needs of its customers.
Innovation is at the heart of this strategy. From digital inventory management to advanced certification processes, AerFin is leveraging technology to enhance the efficiency and reliability of its services. This focus on innovation not only improves customer satisfaction but also sets a new standard for the industry.
As the market for USM continues to grow, companies that can combine technical expertise with strategic vision will be best positioned to succeed. AerFin’s recent acquisition is a clear example of this approach in action.
AerFin’s acquisition of four A320neo aircraft in partnership with a Middle Eastern investor marks a pivotal moment in the evolution of the aviation aftermarket. By focusing on USM, the company is addressing critical challenges related to cost, supply chain reliability, and environmental sustainability. This move not only enhances AerFin’s service offering but also contributes to the broader transformation of the aviation industry.
Looking ahead, the success of this transaction could serve as a model for future collaborations between asset managers and institutional investors. As demand for USM grows and sustainability becomes a central concern, companies like AerFin are well-positioned to lead the way in creating a more efficient, resilient, and environmentally responsible aviation ecosystem.
What is USM in aviation? Why are A320neo aircraft being dismantled? Who is AerFin? Sources: AerFin, FlightGlobal, KPMG, Jefferies, AFRA, Aviation Capital Group
AerFin’s Strategic Expansion in A320neo Aftermarket Services Through Middle Eastern Partnership
Understanding the Context: Aircraft Lifecycle and the Rise of USM
The Shift in Aircraft Asset Management
The Role of Circular Economy in Aviation
AerFin’s Global Footprint and Technical Capabilities
Strategic and Market Implications
Meeting Global Demand for USM
Investor Confidence and Capital Flow
Industry Leadership and Innovation
Conclusion
FAQ
USM stands for Used Serviceable Material. It refers to aircraft parts that have been removed, inspected, and certified for reuse. These parts offer a cost-effective and sustainable alternative to new components.
Due to supply chain disruptions and high demand for parts, even relatively new aircraft like the A320neo are being dismantled to provide USM. This helps airlines maintain their fleets without waiting for new parts.
AerFin is a UK-based aviation asset management company specializing in aircraft and engine leasing, trading, and aftermarket services, including USM. The company has facilities in the UK, Singapore, Miami, and Dublin.
Photo Credit: AerFin
MRO & Manufacturing
Bombardier Acquires Velocity Maintenance Solutions to Expand US Service Network
Bombardier acquires Velocity Maintenance Solutions, adding a Delaware facility and mobile repair units to enhance its U.S. aftermarket services.
On February 9, 2026, Bombardier announced the acquisition of Velocity Maintenance Solutions, a specialized provider of maintenance, repair, and overhaul (MRO) services based in Wilmington, Delaware. The transaction, executed through Bombardier’s U.S. subsidiary Learjet Inc., represents a strategic expansion of the manufacturer’s aftermarket footprint in the high-traffic Northeast corridor.
The acquisition provides Bombardier with immediate access to a 35,000-square-foot facility at New Castle Airport (ILG) and a fleet of mobile repair units designed for rapid response. While financial terms of the deal remain confidential, the move aligns with the company’s stated objective to grow its services revenue and secure a stronger domestic presence in the United States.
According to the company’s official statement, the acquisition is designed to bolster support for Bombardier’s growing fleet of business jets, including the ultra-long-range Global 8000. By integrating Velocity Maintenance Solutions, Bombardier aims to capture more of the lifecycle maintenance market, a sector that offers stable margins compared to the cyclical nature of aircraft sales.
The deal includes significant physical and operational assets that will be integrated into Bombardier’s service network:
Paul Sislian, Executive Vice President of Bombardier Aftermarket Services, highlighted the cultural fit between the two organizations in the press release.
“Velocity Maintenance Solutions’ capabilities and customer-focused culture make it an excellent fit for Bombardier… This acquisition is part of our commitment to continually elevate our service standards.”
Velocity Maintenance Solutions has established itself as an agile player in the MRO space since its emergence around 2021. As an FAA Part 145 Repair Station, the company is authorized to perform scheduled maintenance, structural repairs, and avionics upgrades.
Prior to the acquisition, Velocity serviced a diverse range of aircraft, including models from Embraer, Dassault Falcon, Gulfstream, and Textron, in addition to Bombardier jets. The facility is known for its 24/7 emergency support capabilities, a critical service for business jet operators requiring immediate dispatch reliability.
This acquisition arrives during a complex period for the aerospace industry, characterized by both consolidation and geopolitical friction. By executing the purchase through Learjet Inc., a heritage U.S. brand based in Wichita, Kansas, Bombardier reinforces its status as a significant U.S. employer. This distinction is increasingly vital as the company navigates trade tensions, including recent tariff threats from the U.S. administration regarding Canadian aerospace products.
Expanding physical infrastructure within the United States serves a dual purpose: it insulates the company’s service supply chain from potential cross-border friction and strengthens its eligibility for U.S. defense contracts. Furthermore, in an industry facing a chronic shortage of skilled labor, acquiring a “turnkey” operation with a certified workforce allows Bombardier to bypass the long lead times associated with recruiting and training new technicians. The location in Wilmington also places Bombardier in direct competition with other major service providers at New Castle Airport, including a Dassault Falcon service center, signaling an aggressive push to dominate the Northeast service market.
The acquisition was made by Learjet Inc., a U.S. subsidiary of Bombardier.
The existing team of technicians and support staff at Velocity Maintenance Solutions will be retained and integrated into Bombardier’s workforce.
While the press release emphasizes support for Bombardier’s fleet, Velocity has historically serviced various manufacturers. OEMs often honor existing third-party contracts during transition periods, though the long-term focus typically shifts to the parent company’s products.
Bombardier Acquires Velocity Maintenance Solutions to Densify U.S. Service Network
Expanding the Aftermarket Ecosystem
Target Profile: Velocity Maintenance Solutions
AirPro News Analysis: Strategic and Political Context
Frequently Asked Questions
Who is the acquiring entity?
What happens to the current workforce?
Will Velocity continue to service non-Bombardier aircraft?
Sources
Photo Credit: Velocity Maintenance Solutions
MRO & Manufacturing
Satair and Joramco Extend 25-Year Partnership at MRO Middle East 2026
Satair and Joramco renew their 25-year supply agreement at MRO Middle East 2026, supporting Joramco’s maintenance operations and new contracts.
This article is based on an official press release from Satair and additional industry reporting regarding MRO Middle East 2026.
At the MRO Middle East 2026 exhibition in Dubai, Satair, an Airbus Services company, and Joramco (Jordan Aircraft Maintenance Limited) officially announced the renewal of their long-standing Consumables and Expendables Supply Agreement. The deal marks the continuation of a strategic partnership that has spanned more than a quarter of a century, reinforcing the critical role of integrated supply chains in the growing Middle Eastern aviation maintenance sector.
According to the announcement, the renewed agreement is designed to secure a consistent flow of essential spare parts for Joramco’s base maintenance operations in Amman, Jordan. By locking in this supply chain solution, Joramco aims to minimize “Aircraft on Ground” (AOG) risks and reduce the complexity of material management for its expanding customer base.
The partnership between Satair and Joramco is one of the most enduring in the region. For over 25 years, Satair has served as a primary provider of consumables and expendables, high-volume, low-cost parts essential for routine maintenance, to the Jordan-based MRO provider.
In the official release, the companies highlighted the operational benefits of the extension. The agreement allows Joramco to leverage Satair’s global distribution network, ensuring that parts are available precisely when needed. This “just-in-time” capability is vital for MROs (Maintenance, Repair, and Overhaul providers) striving to offer competitive turnaround times to airlines.
A primary focus of the renewal is the mitigation of supply chain disruptions. By outsourcing the management of consumables to Satair, Joramco can focus its internal resources on heavy maintenance and engineering tasks rather than logistics. The agreement reportedly covers a comprehensive range of Airbus and Boeing fleet requirements, aligning with Joramco’s diverse capabilities.
“This continued partnership with Satair ensures we have the right parts at the right time, allowing us to deliver superior turnaround times to our global customers.”
, Statement attributed to Joramco leadership regarding the renewal
The renewal comes amidst a flurry of activity at MRO Middle East 2026, where both companies have announced significant independent expansions. The event, held on February 4–5, 2026, has served as a platform for major industry shifts in the region. According to industry reporting from the event, Joramco has also secured a major five-year heavy maintenance agreement with the German leisure carrier Condor. This deal will see Joramco performing base maintenance on Condor’s entire Airbus fleet, including the A320ceo, A320neo, and A330neo. Additionally, Joramco celebrated the first graduates of its Structured On-the-Job Training (SOJT) program, a move aimed at addressing the global shortage of skilled aviation technicians.
Simultaneously, Satair has expanded its footprint in the sustainability sector. Reports from the event indicate Satair signed a Memorandum of Understanding (MoU) with GAMECO (Guangzhou Aircraft Maintenance Engineering Co.) to enter the Used Serviceable Material (USM) market, addressing the rising demand for cost-effective and sustainable parts solutions.
The renewal of the Satair-Joramco agreement highlights a critical trend in the post-2025 aviation landscape: the prioritization of supply chain resilience. In an era where global parts shortages have frequently grounded fleets, MRO providers are increasingly moving toward long-term, integrated agreements with major distributors rather than relying on spot-market purchasing.
Furthermore, the Middle East’s trajectory as a global MRO hub is evident in these announcements. Joramco’s ability to secure European contracts like the Condor deal, backed by a robust supply chain from Satair, suggests that regional players are successfully competing on a global scale by combining geographic advantages with high-grade logistical reliability.
Satair and Joramco Extend 25-Year Supply Chain Partnership at MRO Middle East 2026
Strengthening a Quarter-Century Alliance
Operational Efficiency and AOG Reduction
Broader Context: MRO Middle East 2026 Developments
AirPro News Analysis
Frequently Asked Questions
Sources
Photo Credit: Satair
MRO & Manufacturing
Joramco Renews Maintenance Agreement with mas Cargo Airline for 2026
Joramco extends its maintenance contract with Mexican cargo airline mas for heavy checks on Airbus A330 freighters throughout 2026 at its Amman facility.
This article is based on an official press release from Joramco.
Joramco, the Amman-based aircraft maintenance, repair, and overhaul (MRO) facility and engineering arm of Dubai Aerospace Enterprise (DAE), has officially announced the renewal of its maintenance agreement with mas (formerly MasAir), a prominent Mexican cargo airline. The agreement was finalized and signed during the MRO Middle East 2026 exhibition in Dubai, marking a continuation of the strategic partnership between the two entities.
Under the terms of the renewed contract, Joramco will perform heavy base maintenance checks on the mas fleet of Airbus A330 freighters. The work is scheduled to take place throughout 2026 at Joramco’s facility at Queen Alia International Airport in Amman, Jordan. This announcement underscores the MRO provider’s increasing traction in the global cargo sector and its ability to secure recurring business from international carriers outside its traditional regional stronghold.
According to the company’s announcement, the new deal focuses specifically on heavy base maintenance, often referred to as C-checks, for the carrier’s Airbus A330 fleet. These checks are critical for ensuring the continued airworthiness and operational reliability of the freighter aircraft, which are essential to mas’s global logistics network.
This renewal follows a successful initial collaboration established relatively recently. Joramco and mas first formalized their partnerships in October 2025 at the MRO Europe exhibition in London. That initial agreement covered maintenance checks that began in December 2025. The rapid renewal, signed just four months later, suggests a successful execution of the initial checks and a deepening of the business relationship.
In a statement regarding the renewal, Joramco’s leadership highlighted the significance of the repeat business.
“We are pleased to welcome more aircraft from mas at Joramco. This agreement reaffirms Joramco’s position as a trusted Global MRO provider of choice.”
, Adam Voss, CEO of Joramco
The agreement with mas aligns with Joramco’s broader strategy to expand its global footprint. By securing a renewal with a Latin American carrier, the Jordan-based MRO is demonstrating its competitiveness on a global scale, attracting airframes from the Americas to the Middle-East for heavy maintenance. The timing of this renewal is notable within the wider context of the MRO industry’s capacity constraints. In late 2025, Joramco inaugurated “Hangar 7,” a significant infrastructure expansion that reportedly increased its capacity to 22 parallel maintenance lines. This expansion appears to be paying dividends, allowing the facility to accommodate the “more aircraft” referenced by CEO Adam Voss.
Furthermore, the cargo market remains a demanding sector requiring high asset utilization. For a specialized Cargo-Aircraft airline like mas, which operates a modernizing fleet of Airbus A330 Passenger-to-Freighter (P2F) aircraft, securing reliable MRO slots is a strategic priority. The quick transition from an initial contract in late 2025 to a full-year renewal for 2026 indicates that Joramco has successfully met the technical and turnaround time requirements demanded by the cargo carrier.
Joramco: A subsidiary of Dubai Aerospace Enterprise (DAE), Joramco has operated for over 60 years. Based in Amman, Jordan, it provides airframe maintenance, repair, and overhaul services for Airbus, Boeing, and Embraer aircraft.
mas: Headquartered in Mexico City, mas (formerly MasAir) is a specialized cargo airline operating scheduled and charter freight services across the Americas, Europe, and Asia. The airline has been actively expanding its capacity with Airbus A330 freighters to support its international network.
Sources:
Joramco Extends Maintenance Partnership with mas Cargo Airline for 2026
Scope of the Renewed Agreement
Strategic Context and Capacity Expansion
AirPro News Analysis
About the Companies
Photo Credit: Joramco
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