BeauTech Power Systems is pleased to report a strong start to 2025, marked by continued portfolio growth, new customer engagements, and expanded global reach.
In the first half of the year, BeauTech:
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Signed 38 new leases and extensions
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Welcomed five new customers, including Avianca, Alliance Airlines, Royal Air Maroc, Thai VietJet Air, and Turkish Airlines
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Acquired four aircraft
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Added 32 engines to its portfolio
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Completed the sale of 12 engines across global markets
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Expanded its team with the addition of four new colleagues
These milestones reflect our commitment to delivering flexible, high-quality engine solutions while continuing to grow and diversify our platform.
We extend our sincere thanks to our customers, partners, and team members for their continued trust and collaboration. We look forward to building on this momentum in the second half of the year.
BeauTech Acquires Twelve CF34-10E Engines from Alliance
Dallas, Texas – 8 July 2025 – BeauTech Power Systems LLC (BeauTech) has acquired twelve (12) General Electric CF34-10E engines from Alliance Aviation Services Limited (Alliance), the largest operator of Embraer E190 aircraft in Australia. The transaction further strengthens BeauTech’s position as the leading lessor of CF34-10 engines globally.
This acquisition reflects BeauTech’s continued growth of its CF34-10 engine pool and its commitment to supporting E-Jet operators with flexible, high-quality engine solutions across key global regions.
“We’re pleased to have completed this transaction with Alliance, Australia’s leader in the regional aviation market,” said Lee Beaumont, Founder and CEO of BeauTech. “This deal underscores our leadership in the CF34 segment and demonstrates our continued investment in high-demand engine platforms.”
Scott McMillan, Managing Director of Alliance, commented: “This transaction represents a strong outcome for Alliance, allowing us to unlock value from surplus assets while benefiting from favourable market conditions and currency exchange rates. Our Aviation Services business continues to deliver solid results and remains a key contributor to the company’s overall performance. Partnering with BeauTech, the world’s largest CF34 engine lessor, was a logical choice to maximise that value and ensure these assets continue to serve the industry effectively.”
BeauTech continues to grow its global engine leasing portfolio, with active coverage across CF34, CFM56, and LEAP platforms, supporting commercial airlines and MROs with dependable, high-performance asset solutions.
About BeauTech Power Systems LLC
BeauTech Power Systems LLC is a leading provider of aviation solutions, specializing in engine leasing, asset management, and aircraft and engine trading. Since its founding in 2011, BeauTech has built a global presence, partnering with airlines, leasing companies, and MRO (Maintenance, Repair, and Overhaul) providers to deliver tailored and efficient engine support solutions. With a strong commitment to innovation and excellence, BeauTech helps clients optimize performance and maximize asset value.
Headquartered in Dallas, Texas, with offices in key aviation hubs, BeauTech operates and manages a diverse portfolio of high-demand commercial engines, including GE CF34, CFM56, and LEAP models. Its deep expertise in these engine platforms enables BeauTech to offer flexible, customized solutions that adapt to the evolving needs of the aviation industry.
About Alliance Aviation Services Limited
Alliance is Australasia’s leading provider of contract, charter and allied aviation and maintenance services currently employing more than 1,400 staff.
The company provides essential services to mining, energy, and government sectors as well as wet lease services for other airlines. The company also has a growing aircraft, engine and spare parts trading business allied to the two aircraft types it operates.
Alliance holds IATA’s IOSA certification, the only Australian contract and charter operator to do so and Flight Safety Foundation “BARS Gold” status, the first such carrier in Australia to achieve gold status.
Alliance is unique in that it owns its whole fleet. Currently that fleet consists of 36 Fokker 70/100 aircraft, 43 Embraer E190 aircraft with firm purchase commitments stretching to mid-2026 for a further 10 E190 aircraft.
The company dry leases five E190 aircraft to a third party with those leases having been recently extended for a further five years.
Alliance has world leading operational performance, a key attribute sought by its customers. Alliance has operational bases in Brisbane, Townsville, Cairns, Adelaide, Perth, Darwin, and Rockhampton.
Alliance is locally owned with the majority of the company’s shareholders located in Australia and New Zealand.
Photo credit: Ayden O’Shannessy
BeauTech Acquires Four Embraer E175 Aircraft on Lease to LOT Polish Airlines from Altavair
Dallas, Texas – 15 May 2025 – BeauTech Power Systems, LLC (“BeauTech”), a global leader in engine leasing, has completed the acquisition of four Embraer E175 aircraft managed by Altavair L.P. (“Altavair”). All four aircraft remain on lease with LOT Polish Airlines.
The transaction marks another aircraft purchase with leases attached and its first collaboration with Altavair—as the company expands its presence in the aircraft leasing sector. The acquisition strengthens BeauTech’s growing portfolio of Embraer E-Jet family aircraft and reflects its increasing focus on mid-life, revenue-generating assets.
The aircraft—MSNs 17000125, 17000132, 17000134, and 17000136—are Embraer E175s powered by GE CF34-8E engines. All units are actively operating within LOT’s scheduled European network, supporting the carrier’s regional and short-haul operations.
“This transaction represents a continued development in BeauTech’s platform evolution,” said Stefanie Jung, SVP – Head of Global Acquisitions at BeauTech. “While our roots are in mid to end-of-life asset management (in particular, engines), the acquisition of leased aircraft demonstrates our ability to access high-quality assets through flexible structures involving in-service aircraft.”
Clive Bowen, Director – Trading at Altavair, commented: “This was a well-structured transaction with a highly capable counterparty. We appreciated BeauTech’s constructive approach and commitment throughout the process, and we look forward to working together again in the future.”
As part of the transaction, BeauTech has assumed all existing lease and servicing responsibilities under the current agreements with LOT. The deal reflects BeauTech’s growing capabilities in structuring and executing complex acquisitions, and highlights the company’s expanding role as a counterparty of choice within the commercial aircraft leasing space.
About BeauTech Power Systems LLC
BeauTech Power Systems LLC is a leading provider of aviation solutions, specializing in engine leasing, asset management, and aircraft and engine trading. Since its founding in 2011, BeauTech has built a global presence, partnering with airlines, leasing companies, and MRO (Maintenance, Repair, and Overhaul) providers to deliver tailored and efficient engine support solutions. With a strong commitment to innovation and excellence, BeauTech helps clients optimize performance and maximize asset value.
Headquartered in Dallas, Texas, with offices in key aviation hubs, BeauTech operates and manages a diverse portfolio of high-demand commercial engines, including GE CF34, CFM56, and LEAP models. Its deep expertise in these engine platforms enables BeauTech to offer flexible, customized solutions that adapt to the evolving needs of the aviation industry.
About Altavair
Altavair L.P. is an aviation asset manager focusing on the acquisition of new and used commercial aircraft for leasing to domestic and international passenger airlines and cargo operators. Since its inception in 2003, Altavair has completed over $14.5 billion in commercial aircraft lease transactions with over 75 airline customers in 37 countries representing over 300 aircraft. Altavair maintains offices in Seattle, Dublin, London, and Singapore.
We’re pleased to announce that Frank Rustemeier has joined BeauTech Power Systems as Vice President, Trading & Acquisitions.
Frank brings over 20 years of experience in engine and aircraft leasing, with a strong track record in global sales and structured transactions. He has held senior commercial roles at GOAL German Operating Aircraft Leasing and Royal Aero GmbH, where he played a key role in portfolio development and international market expansion.
In his new role, Frank will support BeauTech’s continued growth from the company’s German office, contributing his strategic insight and industry expertise to further strengthen our global platform.
“Frank’s strategic mindset, deep market relationships, and commercial discipline make him a valuable addition to our global team,” said Stefanie Jung, SVP – Head of Global Acquisitions.
Please join us in welcoming Frank to the BeauTech team.
It’s with great pleasure that we welcome back Josh Lewis to BeauTech as Director, Technical Records (Acquisitions).
Josh brings over 20 years of aviation experience, previously serving as our Vice President Technical, and most recently as Senior Safety Management Program Consultant at Southwest Airlines.
His background includes key roles in Technical Operations Quality Assurance at Southwest, including Manager of Regulatory Affairs, Airworthiness Directive Project Lead, and Maintenance Programs Compliance Analyst. He has also worked as a Technical Records Auditor at Willis Lease Finance Corporation, managing lease transitions for multiple engine platforms, as well as roles at American Eagle Airlines and Dallas Airmotive.
Josh holds an FAA A&P certificate, a B.A.A.S. in Aviation Science from Eastern New Mexico University, and an A.A.S. in Aircraft Airframe Technology from Texas State Technical College.
“Josh brings a solid track record in technical records and compliance, and we’re glad to have him back as we continue to strengthen our operations.”— Carl C. Kelley, Chief Technical Officer.
Welcome back, Josh.
Perla recently joined us with a solid background in accounting, having worked in both the construction and insurance industries. She earned her BBA in Accounting and Finance from the University of Texas at Arlington and is currently pursuing her Master of Science in Accounting at UTA.
At BeauTech, Perla supports our finance team with accounts receivable, accounts payable, and financial reporting. She brings a detail-oriented and analytical approach to her work, helping ensure accuracy across the team’s day-to-day operations.
We’re glad to have her on board.
We recently added Ashvin Sivajothi to the BeauTech team as Director of Global Communications and Marketing.
With 15 years of experience in corporate communications, marketing, and public relations, Ashvin has a strong track record of enhancing brand reputation through compelling storytelling and impactful campaigns. Most recently in the airline industry, his background spans multiple sectors, bringing a global perspective to BeauTech.
This is a newly created role, reflecting our ongoing growth and global expansion. As Tobias Konrad, COO, shares:
“As BeauTech continues to evolve, we recognized the need for a dedicated leader to shape our global communications and marketing strategy. Ashvin’s expertise in strategic messaging and brand-building will be invaluable in amplifying our story, strengthening stakeholder engagement, and driving our next phase of growth.”
Please join us in welcoming Ashvin to the team!