AeroThrust To Auction Off Assets

Elyse Moody elyse_moody@aviationweek.com

Miami-based aircraft engine maintenance provider AeroThrust plans to auction off its assets in September after failing to find a buyer that met its expectations. Heritage Global Partners, which is working with Hilco Industrial and Counsel RB Capital to manage the sale, says potential buyers in the Middle East, U.S., and South America have expressed “tremendous interest” in many big-ticket items, such as Pratt & Whitney JT8D and CFM International CFM56 ...

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