Willis Lease Finance Corporation and CFM International have launched an “industry-first" programme that aims to extend the operational life of CFM56-5B and CFM56-7B engines.
The programme enables WLFC to keep CFM56-5B and CFM56-7B engines in service longer by restoring core components rather than fully disassembling the engine.
“This programme represents a meaningful evolution in how we manage engine assets,” said Willis Lease CEO Ausitn Willis. "By using this program to perform shop visits in our own shops as well as others, we expect to offer our customers a high quality product at a reasonable price.”
“With this agreement, WLFC will benefit from OEM material to service their CFM56 engines,” said Gael Meheust, president and CEO of CFM International. “CFM56 engines have set standards for reliability and time on wing—benefits which this contract will extend well into the future for WLFC’s customers.”
WLFC has identified and inducted an initial group of engines for participation and will seek to grow it across additional assets over time.