BBAM Acquires Six New GTF Engines from RTX's Pratt & Whitney
DALLAS, May 20, 2025 /PRNewswire/ -- BBAM Limited Partnership ("BBAM") announced the acquisition of six new Pratt & Whitney GTF(TM) engines through a newly signed agreement with the engine manufacturer. The engines were delivered to Incline Aviation III, BBAM's third flagship aviation investment fund. Pratt & Whitney is an RTX business.
BBAM's dedicated engine program pairs BBAM's industry-leading origination, leasing and disposition capabilities with deep technical knowledge and experience in engine asset management. Led by a team with over 30 years of experience and supported by the resources of BBAM's full-scale global platform, BBAM manages engines across all vintages and asset types, with upwards of 45 engines / $550M under management.
"This transaction marks an exciting milestone for BBAM as we complete our first direct deal with Pratt & Whitney, a global leader in aircraft engine technology," said Steve Zissis, President and Chief Executive Officer of BBAM. "We're pleased to acquire six new GTF engines directly from the source and see strong demand from our airline customers. We look forward to building a long and successful relationship with the Pratt & Whitney team."
Nick Tomassetti, Vice President, Sales & Marketing at Pratt & Whitney, added, "This deal for six GTF engines marks a new relationship for Pratt & Whitney and BBAM, one of the world's largest aircraft lessors. The GTF is the most efficient engine for single-aisle aircraft, and will deliver economic and efficiency benefits for BBAM's airline clients worldwide."
About BBAM
BBAM is one of the world's largest and longest standing aircraft lessors providing over 100 airline customers in more than 50 countries with fleet and financing solutions, and the only significant manager in its sector focused exclusively on generating investment returns on third party capital. With more than 500 aircraft under management, BBAM employs over 150 professionals globally with offices in Dallas, San Francisco, Puerto Rico, Tokyo, Singapore, Zurich, and Dublin. BBAM is a full-service lessor and maintains its own in-house capabilities encompassing aircraft origination, disposition, lease marketing, technical maintenance, regulatory compliance, capital markets activity, tax structuring, legal, contracts and finance, for all asset types and strategies. Learn more by visiting www.bbam.com.
For further information, please contact:
BBAM Contact:
Sabah Sulaiman, BBAM Vice President of Corporate Operations
Email: sabah.sulaiman@bbam.com
Phone: +1-415-848-5481
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SOURCE BBAM US LP
