Values of spare CFM Leap and Pratt & Whitney engines are likely to hold up even as more enter the market through teardowns, according to Aengus Kelly.

New engine lessor Patriot Dynamics has ordered six CFM Leap engines and inked an MRO support deal with MTU.

Lufthansa Technik expands its Tulsa, Oklahoma, facility to 46 work bays and adds a module shop, increasing narrowbody engine overhaul capacity for CFM56, V2500 and GTF engines.