JORAMCO last week (at MRO Middle East) announced base maintenance agreements with Condor (A320ceo/A320neo/A330neo), Turkey's ULS Airlines Cargo (A310F), Air Samarkand (A321), FLYONE Asia (A320) and Mexico's mas (A330F).
AVIATION WEEK NETWORK projects global engine MRO market (valued at $848.5b over next 10 years) will grow 4.1% per year to >107,100 scheduled overhaul events by 2035; active fleet is to increase to >90,900 engines in 2035.
CFM INTERNATIONAL has MOU from Ryanair for 15-year services agreement securing spare parts and parts repair as Ryanair develops two in-house engine maintenance facilities in Europe from 2029 to support fleet of 2,000 CFM56 and LEAP engines; Ryanair is expected to commit to purchase >$1b in spare parts annually under duration of contract.
