AAR and FTAI Aviation extend their exclusive Serviceable Engine Products agreement, providing CFM56 engine material to the global aviation aftermarket through 2030
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AAR CORP. and FTAI Aviation Ltd. have extended their exclusive Serviceable Engine Products agreement through 2030, focusing on managing and servicing CFM56 engine materials. The collaboration involves AAR managing teardown, repair, marketing, and sales of over 450 engines, leveraging its expanded global component repair facilities.
March 27, 2025 | 12:15 pm
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POSITIVE IMPACT
AAR's extended agreement with FTAI Aviation strengthens its position in the aviation aftermarket, showcasing growth in component services and engine material management.
The extended partnership demonstrates AAR's strategic growth, expanded capabilities, and continued strong market positioning in aviation services.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
FTAI Aviation reaffirms its commitment to the CFM56 engine aftermarket through extended partnership with AAR, ensuring continued cost-effective maintenance solutions.
The agreement extension validates FTAI's strategic approach to engine services and provides long-term stability in the aviation aftermarket.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100