FTAI Aviation (FTAI) announced it has signed a multi-year agreement with CFM International, a joint venture between GE Aerospace (GE) and Safran Aircraft Engines, to provide component and repair support for CFM56 engines. The new agreement solidifies CFM and FTAI’s shared priority of extending the life of CFM56 engines through optimized repair and maintenance offerings, which will further strengthen the open maintenance, repair, and overhaul ecosystem and help support the strong global demand for current generation narrowbody aircraft. Under the agreement, FTAI secures OEM replacement part supply, thrust performance upgrades and component repair, which is expected to further FTAI’s ability to provide the global fleet with cost-effective engine maintenance solutions.
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