Avioserv Purchases Boeing 737-300 Aircraft

Avioserv San Diego, Inc. Purchases Boeing 737-300 Aircraft

San Diego, Calif.  – Avioserv San Diego, Inc. (“Avioserv”), based in Southern California with offices located in Europe, has recently purchased a Boeing 737-300 aircraft to add to the company’s inventory.

The Boeing 737-300 aircraft purchase included its two CFM56-3B2 engines and an additional five other CFM56-3B2 engines. All assets are currently in the teardown process, and material will be available in August 2011.

Regarded as a leader in the industry, Avioserv specializes in the supply and sale of serviceable aircraft engines, as well as the subsequent sale, lease, and exchange of engine parts, engine components, whole engines, and accessories to major airlines, repair and overhaul facilities, and part distributors. In addition, Avioserv provides integrated inventory asset-management services.

Avioserv was founded in 1994 as Willis Aeronautical Services, Inc. (WASI); the company was acquired by SR Technics in 2000 and renamed Avioserv San Diego, Inc. in 2001. Since 2001, Avioserv has successfully transitioned from being a part supplier to being recognized worldwide as the preferred supplier of serviceable lease engines and engine parts. In March 2007, Avioserv was acquired by Vintage Fund Management, a private equity firm based in Los Angeles, Calif.