Setna iO Widens Teardown Portfolio with B737-700 and CFM56-7B Acquisitions

Setna iO has acquired a Boeing 737-700 airframe, previously operated by Southwest Airlines, and two CFM56-7B26 engines from Georgian Airlines to expand its teardown operations.

The 737-700 will undergo disassembly at the ecube facility in Coolidge, Arizona. Salvaged components will enter Setna iO’s in-house maintenance, repair, and overhaul network, including Setnix Arizona, Setnix UK, Landing Gears Technologies, and Zulu Global, before distribution through global sales channels in 22 countries.

The CFM56-7B26 engines, exclusive powerplants for Boeing Next-Generation 737s with maximum thrust of 147 kN, bypass ratio up to 6, and weight of 1,951 kg, will be dismantled at the Willis Engine Repair Centre in Bridgend, United Kingdom. This adds modules and serviceable materials to inventory, supporting worldwide operators amid high demand for CFM56 parts.

These acquisitions, announced on March 2, 2026, build on Setna iO’s recent purchase of J&C Aero, enhancing technical capabilities in the aftermarket sector. The vertically integrated model combines asset acquisition, MRO services, and international sales to supply high-demand components from the popular CFM56 family, which has logged over 1.3 billion flight hours across more than 34,000 engines delivered.

Teardown activities align with industry trends, where CFM56 engines power Boeing 737 and Airbus A320ceo families, offering reliability with 99.9% departure rates and extensive MRO options globally.