RESIDCO is a highly experienced and sophisticated investor in aircraft, engines, and components across the commercial and corporate spectrum. Our aircraft leasing activities are focused primarily on mid- to end-of-life assets operated by airlines across the globe. Target investments are not restricted to any particular type or asset class; rather, we rely on our deep technical and market knowledge to review each transaction on its individual merits.
Additionally, in early 2022, RESIDCO acquired the assets of Brown Aviation Lease, marking our entry into the flight training aircraft leasing space. RESIDCO intends to grow our presence in this segment by providing critically needed leasing solutions in an area of the industry that has historically lacked institutional support.
The CFM56-7B is the exclusive engine for the Boeing Next-Generation single-aisle airliner. In total, over 15,000 CFM56-7B engines have been delivered to power 737 aircraft, making it the most popular engine-aircraft combination in commercial aviation. The engine’s broad-based market acceptance is due to its simple, rugged architecture, which gives it the highest reliability, durability and reparability in its class.
General Engine Type
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- ESN 889727
- Status Date 8/31/2022
- TSN 60,664
- CSN 36,056
- TSLPR 12,678
- CSLPR 10,303
- LLP Limiter 3,890
- QEC Included
Managing Director – Aviation
Scott is responsible for RESIDCO’s aviation portfolio, originations and aircraft remarketing.
Director – Aviation Marketing
David is involved with the management, origination and remarketing of RESIDCO’s aviation portfolio.
An Overview of Our Aircraft Leasing Services
RESIDCO has been an aviation industry leader in the commercial aircraft and engine leasing market since 1990, having completed the acquisition, sales, lease and remarketing of over 100 aircraft and engines valued in excess of $1 billion. Our team of aero industry experts has extensive experience structuring operating leases, acquiring and remarketing assets, and arranging sale-leasebacks of commercial aircraft and engines, both for our own account and on behalf of financial institutions and airlines.
Creative Structuring & Expertise
RESIDCO utilizes its in-depth asset and valuation knowledge combined with its expertise of debt and equity placement to build truly unique investments in the aviation space. In addition to our own investments, we help third parties such as large bank leasing companies, private equity firms and family offices participate in the market by sourcing transactions in which we act as a joint venture partner, providing residual value guarantees on aircraft transactions, and offering consulting and brokerage services.
Aircraft Sales and Leasing Options
RESIDCO invests in all aircraft types ranging from small turboprops to large widebody aircraft. We rely on our strong technical expertise and market knowledge to underwrite investments and provide support to our partners. RESIDCO has sold hundreds of aircraft from our own portfolio as well as from those of our customers.
Engines and Components
RESIDCO frequently invests in aircraft engines and components such as landing gear and APUs. We take pride in our ability to support all our airline customers’ financing needs by offering operating leases and other bespoke solutions for these components. Like our aircraft investments, we acquire engines and components that support a wide variety of asset types.
SELECT RECENT ACTIVITY 2022 & 2021
- Acquired a B757-200F and placed on lease to a European cargo carrier
- Acquired a CF6 engine on lease to a Latin American cargo carrier
- Acquired a CFM56-7 engine on lease to a major US airline
- Acquired a G550 on lease to a Fortune 100 company
- Acquired Brown Aviation Lease comprised of 36 piston aircraft on lease to various flight schools across the country