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GE Aerospace highlights LEAP engine orders, aftermarket deals at Farnborough

GE’s stock declines from 6-year high on disappointing guidance
GE Aerospace highlights LEAP engine orders, aftermarket deals at Farnborough

GE Aerospace (GE) and its joint venture CFM International announced a series of engine orders and aftermarket agreements Tuesday at the Farnborough International Airshow, including new LEAP engine commitments from aircraft lessors, expanded maintenance partnerships and cargo engine purchases. The announcements included new LEAP spare engine orders ...

GE Aerospace (GE) and its joint venture CFM International announced a series of engine orders and aftermarket agreements Tuesday at the Farnborough International Airshow, including new LEAP engine commitments from aircraft lessors, expanded maintenance partnerships and cargo engine purchases.

The announcements included new LEAP spare engine orders from AIP Capital, Bridgepoint Group and BBAM, additional LEAP engines selected by China Aircraft Leasing Group, a maintenance agreement with Turkish Technic, a software contract with ABL Aviation and an engine purchase by National Airlines.

Lessors expand LEAP spare engine portfolios

AIP Capital and Bridgepoint Group agreed to purchase 11 CFM International LEAP-1B spare engines for Boeing 737 MAX operators.

The engines will be delivered between 2027 and 2029 and follow the companies' acquisition of 10 LEAP-1B spare engines in 2024.

Separately, aircraft lessor BBAM agreed to purchase 30 LEAP-1A and LEAP-1B spare engines for Airbus A320neo and Boeing 737 MAX operators. The agreement marks BBAM's first direct engine order with CFM International.

The purchases reflect growing demand for spare engines as airlines expand fleets powered by LEAP engines and seek additional maintenance capacity.

CALC increases LEAP engine commitments

China Aircraft Leasing Group selected LEAP-1A engines for an additional 20 Airbus A320neo and A321neo aircraft.

The latest agreement increases CALC's total LEAP-1A selections to 90 aircraft.

The lessor said it has already taken delivery of 51 LEAP-powered A320neo family aircraft that are leased to 13 airline operators.

Turkish Technic expands repair capabilities

GE Aerospace signed a five-year service and licensing agreement with Turkish Technic to expand authorized maintenance, repair and overhaul services for Data Link Control and Display Units, or DCDUs.

The agreement gives Turkish Technic access to GE Aerospace technical data, original equipment parts and testing equipment, allowing the company to perform authorized repairs from its facilities in Istanbul.

GE Aerospace said the agreement is intended to increase global repair capacity for cockpit communication equipment while reducing turnaround times for airlines.

National Airlines orders cargo aircraft engines

National Airlines committed to purchase one GE90-110B engine and six CF6-80C2 engines to support its Boeing 777F and 747F cargo aircraft.

The cargo carrier already operates fleets powered by both GE90 and CF6 engines.

GE Aerospace said the GE90 powers all Boeing 777 variants, while CF6 engines power a majority of the world's widebody freighter fleet.

ABL Aviation adopts GE software platform

GE Aerospace's software business also signed a five-year agreement with aircraft lessor ABL Aviation for its Asset Transfer System, a software platform that manages aircraft documentation during lease transitions.

The system combines records management and project management tools intended to streamline aircraft handovers as leasing portfolios expand.

ABL Aviation said it plans to use the platform to standardize aircraft transitions across its growing global fleet while improving operational visibility for airline customers and investors.

The Farnborough Airshow is one of the aerospace industry's biggest events and a traditional venue for aircraft and engine orders. The announcements are closely watched because they provide visibility into airline fleet expansion, leasing activity and future demand for engines, spare parts and long-term maintenance services, which generate a significant share of aerospace profits.

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