CFM allocates $2bn to address engine maintenance issues

CFM International, the world's largest manufacturer of commercial aircraft engines, has announced a $2 billion investment over five years to accelerate engine maintenance and repair operations. The goal is to address bottlenecks that have kept hundreds of aircraft out of service for extended periods. This investment aims to expand maintenance centers, improve supplier efficiency, and increase spare parts inventory to reduce maintenance times and enhance fleet readiness. This move comes amid new challenges facing the aircraft engine industry, such as early wear caused by modern high-efficiency, fuel-saving designs, which has resulted in a years-long crisis. Additionally, the company seeks to strengthen its market presence through new contracts with airlines and aims to increase its deliveries by 15% this year.

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