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Pratt & Whitney Spare Engine Solutions
Pratt & Whitney Canada Aftermarket MRO Solutions and Services

Engine Leasing Solutions

P&WC Long-Term Leasing, On-Wing Leasing and Lease-to-Own Solutions

Flexible leasing solutions to keep operating costs down, extend the life of your aircraft and boost your business.

Our expanding portfolio of leasing options allows you to:

  • Prioritize your capital
  • Grow your business
  • Minimize your risk
  • Extend the life of your aircraft

Plus:

Access to 1000+ engines – the largest rental pool of P&WC engines in the world. You can lease an engine or an APU, with the peace of mind that we have you covered

Our Solutions Provide:

  • Exclusive access to the latest-configuration spare engines over the lease term.
  • Engines for all P&WC-powered aircraft – regional airlines, corporate jets, helicopters and general aviation (PT6A).
  • Competitive pricing that includes hourly flying rates and fixed monthly lease rates – no hourly minimums if you don’t fly.
  • Coverage for scheduled engine maintenance and access to the Global Service Network.
  • Integration with an engine maintenance program such as our Fleet Management™ Program (FMP™) for added coverage.

Long-Term Engine Leasing

Prioritize your capital and reduce operating costs with exclusive access to a leased P&WC spare engine for 12 months or longer. Long-term leases are available for P&WC-powered regional aircraft, business jets, helicopters and PT6A turboprops and APUs.

How it works:

P&WC leases you a latest-configuration spare engine for 12 months or longer. You pay a competitive hourly flying rate and fixed monthly rate – with no hourly minimum charges if you don’t fly.

Our long-term leases provide:

  • Coverage for scheduled maintenance and access to the Global Service Network
  • Option to integrate with a P&WC maintenance plan (e.g. Fleet Management™ Program) for added coverage
  • No “core-in-shop” requirements or fees

On-Wing Engine Leasing

Our On-Wing Lease offers a cost-effective solution to continue flying near end-of-life aircraft or get a parked aircraft back in the air by providing you with a leased engine that matches your engine costs with your aircraft operating horizon.

How it works:

P&WC provides you with a leased engine that will remain on wing that matches your aircraft operating horizon and flying hours needed. In some cases, P&WC can also purchase your existing engine from you at market pricing and lease you back an engine that will remain on-wing, giving you access to capital and reduced operating costs going forward. 

Our on-wing leases provide:

  • Extended aircraft flying life and/or a cost-effective means to get parked aircraft back flying by leasing you an engine only for the time you need
  • Coverage for off-wing scheduled engine maintenance and access to our Global Service Network during your lease period
  • A competitive monthly and hourly fee
  • Possibility of P&WC purchasing your existing core engine as part of the lease agreement

Lease to Own

A flexible engine ownership model that enables you to purchase a new or used P&WC engine with a down payment and smaller payments over a period of up to 18 months.

Our lease-to-own solution enables you to:

  • Continue flying while making smaller equalized payments toward engine ownership
  • Better plan your operating expenses
  • Reduce your upfront capital expenditures
  • Access the largest global pool of P&WC engines

How it works:

  • You sign a lease and title transfer agreement and provide an initial deposit
  • Pay a set monthly amount based on the published price for a term of up to 18 months
  • The engine title is transferred to you at the end of the term

Learn More