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Ryanair Signs Multi-Billion-Dollar Engine Services Agreement with CFM

Ryanair and CFM International Forge Multi-Billion-Dollar Engine Services Partnership
European low-cost carrier Ryanair has entered into a Memorandum of Understanding (MoU) with CFM International, establishing a multi-year, multi-billion-dollar engine material services agreement. This strategic partnership is set to form the foundation of Ryanair’s long-term engine maintenance strategy as the airline prepares to transition towards in-house engine maintenance, repair, and overhaul (MRO) operations.
Strategic Shift Towards In-House Engine Maintenance
Under the terms of the agreement, CFM International will continue to support Ryanair’s engine maintenance programme as the airline plans to inaugurate two dedicated engine MRO facilities by 2029. These facilities are designed to service a rapidly expanding fleet, which is expected to approach 2,000 Boeing 737 engines. This development represents a significant evolution in Ryanair’s maintenance model, aligning with its ambitious fleet growth targets.
The contract commits Ryanair to sourcing all engine spare parts directly from CFM, a joint venture equally owned by Safran Aircraft Engines and GE Aerospace. The agreement is structured to accommodate Ryanair’s expansion to a fleet of 800 Boeing 737 family aircraft, powered by over 2,000 CFM engines. It encompasses maintenance coverage for both existing and future CFM56-7B and LEAP-1B engines installed on Ryanair’s Boeing 737 Next Generation (NG) and MAX aircraft.
Long-Term Vision and Leadership Perspective
Looking ahead, Ryanair intends to assume full responsibility for engine maintenance once its two European engine MRO shops become operational towards the end of the decade. This move will mark a transition from the current outsourced model to an in-house maintenance framework.
Michael O’Leary, Ryanair’s Group Chief Executive, reflected on the longstanding relationship with CFM, stating, “For the last 30 years, CFM has been maintaining all of Ryanair’s CFM56 engines under a long-term ‘power by the hour’ contract. However, from 2029 onwards, Ryanair expects to bring the maintenance of its engines ‘in-house’, and we are pleased to do so with the help and support of our partners CFM.”

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