Aircraft and engine leasing company Willis Lease Finance Corporation (WLFC) has established an industry-first programme developed in collaboration with CFM International (CFM) with the goal of extending the operational life of CFM56-5B and CFM56-7B engines.
The programme enables WLFC to keep CFM56-5B and CFM56-7B engines in service longer by restoring core components rather than fully disassembling the engine.
WLFC is the first commercial aircraft engine lessor to partner with the OEM on this type of initiative for CFM56-5B and CFM56-7B engines.
Austin C. Willis, chief executive of WLFC, said: “This programme represents a meaningful evolution in how we manage engine assets. By using this programme to perform shop visits in our own shops as well as others, we expect to offer our customers a high quality product at a reasonable price.”
Gaël Méheust, president and chief executive of CFM, said: “With this agreement, WLFC will benefit from OEM material to service their CFM56 engines.
“CFM56 engines have set standards for reliability and time on wing – benefits which this contract will extend well into the future for WLFC’s customers.”
WLFC has identified and inducted an initial group of engines for participation and will seek to grow it across additional assets over time.
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