SpiceJet has entered into a services agreement with StandardAero for CFM International (CFM) LEAP-1B engine MRO services to support the un-grounding and return to service of three Boeing 737 MAX aircraft by April 2025.
StandardAero, a CFM ‘Premier MRO’ provider for the LEAP-1A and LEAP-1B engines, will provide the Indian low-cost airline with LEAP-1B MRO services from its 810,000 sq ft facility in San Antonio, Texas.
As part of the global deal, CFM will provide material and support services for the restoration of the engines, underscoring its partnership with the airline.
The collaboration and restructuring aligns with SpiceJet’s robust fleet restoration strategy, which has seen rapid progress. SpiceJet has recently resolved disputes with lessors, including Export Development Canada, Engine Lease Finance Corporation, Babcock & Brown Aircraft Management, Aircastle (Ireland), Wilmington Trust SP Services (Dublin) Limited, Shannon Engine Support Limited and Genesis. These agreements underscore the airline’s focus on achieving operational resilience and sustainable growth and its relentless efforts to restore its fleet and expand its operations.
Ajay Singh, chairman and managing director of SpiceJet, said: “The collaboration with StandardAero, CFM International and the lessor is a testament to our commitment to make progressive moves and ensuring the timely return to service of our aircraft. The return of three fuel-efficient 737 MAX aircraft will not only strengthen our operations but also provide a significant boost to our financial health.”
Lewis Prebble, president of airlines and fleets at StandardAero, said: “We are delighted to partner with SpiceJet and contribute towards their impressive and extraordinary journey of recovery. We look forward to expanding our relationship by providing MRO services supporting LEAP-1B engines, as well as collaborating on their other fleet types.”
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