AFI KLM E&M and AerCap to form LEAP engine leasing joint venture

Air France Industries KLM Engineering & Maintenance and AerCap signed an agreement to establish a 50/50 joint venture for LEAP engine leasing, initially acquiring about 40 new CFM LEAP-1A and LEAP-1B spare engines. Deliveries are scheduled through 2032, with first engines available by early 2027, subject to regulatory approvals.

“The signing of this agreement to establish a joint venture with AerCap marks a significant strategic step in addressing the evolving needs of the LEAP engine market.”afiklmem.com

• 1 source
• afiklmem.comAir France Industries KLM Engineering & MaintenanceJun 10, 2024

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