TrueAero is pleased to announce the delivery of one A330-200 equipped with two CF6-80E engines to Aerolineas Argentinas, MSN 877. The second A330-200, MSN 899, is scheduled to deliver in the coming weeks.

Karl Drusch, CEO of TrueAero said, “We are delighted to deliver our first A330-200 to Aerolineas Argentinas, establishing a new relationship between our companies, while contributing to the success of Aerolineas Argentinas”.

Juan Echecopar, EVP of Aerolineas Argentinas said, “This is a significant transaction for Aerolineas Argentinas, these two A330-200s are key in supporting our domestic and international operations while serving the people of Argentina and our international travelers”.

SEBASTIAN, Florida – TrueAero Asset Management (TAAM) is proud to announce the commencement of a leasing and part-out consignment relationship with Air Lease Corporation (ALC).

The inaugural aircraft is a CFM56-5B powered A320-200 owned by Air Lease's Thunderbolt managed aircraft platform. One engine will join TAAM’s diverse and sizeable fleet of managed lease assets, while the other engine will be dismantled alongside the airframe. TrueAero’s materials division will manage the teardown and consignment of ALC’s material.

“We are excited to begin what I know will be a productive relationship for both Air Lease Corporation and TrueAero. Our complimentary positions in the market present clear opportunities for value-added collaboration,” says Stratton Borchers, TrueAero President.

“We have been working together with TrueAero for a number of years on a variety of projects and were pleased to expand the scope of our business with them this year to include aircraft consignments and part outs. We look forward to continuing to grow our relationship with the team at TrueAero,” says David Beker, Air Lease Corporations’ Senior Vice President & Head of Sales & Trading.

TrueAero is a global aviation investment platform offering investors, lessors, and operators a suite of solutions across capital deployment, asset management, technical services, and material consignment. Our corporate headquarters is located in Sebastian, Florida, with sales, marketing, and finance hubs across the Americas, Europe, and Asia.

ALC is a leading aircraft leasing company based in Los Angeles, California that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions.

ARLINGTON, Texas - TrueAero has selected Ascent Aviation Services, an MRO based in Marana, Arizona, to be the first of our used serviceable materials customers with access to a new online customer portal.

TrueAero's customer portal will provide materials buyers with live access to TrueAero's inventory, the ability to place orders without submitting RFQs, and status updates on the fulfillment of orders.

SEBASTIAN, Florida - TrueAero Asset Management (TAAM) is excited to announce the successful closing of a 13-aircraft sales/ leaseback deal with jetBlue.

The aircraft will continue to be operated by jetBlue on lease until 2024-2026.

Mr. Vander Hee has 29 years of aviation experience in Quality, Operations, Disassembly, Repairs, Sales, and Engine Management. He previously held positions at Hubair, GA Telesis, and AerSale. In his current role as Vice President, he leads the Sales and Business Development functions for TrueAero’s Used Serviceable Materials division.

Mr. Andersson has over 15 years of experience in aircraft leasing and trading. In 2003 he joined Volito Aviation and played an important role in the new joint venture with Goldman Sachs and in growing the fleet from 6 to 70+ ac worldwide. Before joining TrueAero Mr. Andersson consulted on various projects with investors and airlines across the globe.

Mr. Andersson holds a Master In Law from Lund University and lives in Malmö Sweden with his wife and two children.

ARLINGTON, Texas - TrueAero has signed a non-exclusive preferred supplier contract with Lockheed Martin for the supply of used serviceable materials. The agreement includes fixed pricing and guaranteed stock of 119 part numbers over the next 3 years.

TrueAero, LLC (TrueAero) welcomed Marion Siuta to the company’s leadership team today as Senior Vice President of Acquisitions. Mr. Siuta’s purview includes sourcing mid- to end-of-life aircraft and engines for part-out and lease while helping to grow TrueAero’s line of technical service offerings.

A United States Air Force Veteran, Mr. Siuta brings over 30 years of technical and commercial experience to TrueAero, having held leadership positions at AAR (NYSE: AIR), Aircastle (NYSE: AYR), International Lease Finance Corporation (ILFC), and AerCap (NYSE: AER).

Mr. Siuta’s expertise in both technical operations and marketing of lessor fleets makes him uniquely suited to guide TrueAero’s global fleet acquisition strategy.

“While working at AerCap, Marion was always willing and able to bring multi-functional groups together to find creative solutions to both technical and commercial challenges. When it came to communication about a deal in progress, he had an open door policy,” says Jim Legg, TrueAero’s Vice President of Sales and Product Line.

Mr. Siuta will report to TrueAero’s President, Stratton Borchers. Mr. Borchers pointed to TrueAero’s personable, solution-oriented culture as why Mr. Siuta was brought on board.

“We are ecstatic to welcome Marion to our team, as our prior experience working with him demonstrated his wealth of knowledge and gregarious nature. He personifies TrueAero’s core values.”

TrueAero is an integrated aviation platform with a focus on narrow and wide-body commercial aircraft offering assets for lease, used serviceable materials, and an array of technical services such as fleet transition management, deal origination, and asset management.

Due to its expanding lease portfolio and mid to end-of-life strategy services, TrueAero, LLC announces it has merged its asset management division with SK Aero Partners to create TrueAero Asset Management.

TrueAero Asset Management offers a range of alternative and traditional management strategies including leased portfolio management to institutional and private investors around the globe. TrueAero Asset Management and TrueAero Asset Management Ireland both provide investors, airlines, and MRO’s with a wide scope of product offerings that encompass experienced acquisition strategies, maintenance reserve projections, lease return management, residual value estimates, aircraft remarketing, engine shop visit management, aircraft check management and end-of-life liquidation.

“With the unification of SK Aero Partners and TrueAero Asset Management, TrueAero has positioned our company as a leading multi-faceted provider in the aviation industry. We are committed to providing our customers with professional, effective service,” Karl Drusch, CEO, TrueAero, LLC.

TrueAero, LLC is a diversified, aviation services company providing asset management, leasing and trading, and aftermarket commercial engine and airframe material through innovative mid- to end-of-life solutions in support of airlines, engine MRO’s and financial institutions worldwide. As TrueAero continues to expand its service offerings and add experienced aviation professionals with broad technical and sales expertise it places our company in a strong position to support our expanding global customer base.

At TrueAero since 2015, Stratton Borchers is responsible for aspects of investment valuation, company vision, and strategic relationship management. Borchers was nominated in recognition of his motivation, positive attitude, and high emotional intelligence, which have helped TrueAero set a trajectory for growth and excellence.

TrueAero appointed Stratton Borchers as the new president. Mr. Stratton’s vast experience and industry knowledge of finance will guide TrueAero’s global expansion as the company extends its sales into new aviation product lines tailored to serve airline operators and MRO’s worldwide.