The response to the agreement between the International Air Transport Association (IATA) and CFM International (CFM) announced yesterday which will substantially improve the opportunities available to third-party providers of engine parts and MRO services on the CFM56 and the new LEAP series engines, has been overwhelmingly positive. Lessors are very happy at the news, which will ensure their engine maintenance agreements are less complex and no doubt improve their portfolio values. Maintenance, repair and overhaul (MRO) companies, which are authorised CFM repair stations, too are celebrating the news. Aero Norway states that it is set to be a beneficiary alongside
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