JALUX and BeauTech Power Systems Establish Joint Venture for Aircraft Engine Leasing

JALUX and BeauTech Power Systems Establish Joint Venture for Aircraft Engine Leasing

JALUX and BeauTech Power Systems will establish a joint venture company for aircraft engine leasing in Dallas, Texas, USA.

The company will be named BVJ Engine Holdings LLC, with both companies investing 50% each. It will engage in procurement and leasing business for IAE V2500-A5 and PW1100G engines. The V2500 is used in Airbus A320 aircraft, and the PW1100G in Airbus A320neo.

Initially, they aim to acquire $150 million in commercial assets.

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This article was generated using automatic translation by GPT-4 API.
The translation may not be accurate.

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