The workhorse of the European commercial fleet, the CFM56, alone powers more than 40% of the European fleet’s flights, even before the Leap is accounted for.
As the CFM56 and V2500 families matured, their reliability allowed operators to lease fewer spare engines to cover for scheduled and unforeseen maintenance.
With the IATA AGM in India and Aviation Week’s Engine Leasing, Trading & Finance events imminent, Flight Friday looks at Indian narrowbody engine flight hours.
This week’s Flight Friday looks at narrowbody engine utilization by Asia-Pacific operators (which in this analysis excludes China and India operators).
BeauTech Power Systems and Japanese conglomerate JALUX have formed an aero-engine leasing joint venture which is set to invest $150 million in Airbus A320 engines.
FTAI Aviation is eyeing expansion of its Montreal overhaul facility to include IAE V2500 capability to support its expanding portfolio for the narrowbody engine
While OEMs and independent MROs are enjoying high demand from older engines running longer, maintenance capacity and material supply are struggling to keep up.