Ryanair signs Memorandum of Understanding with CFM for engine maintenance services

LootboxPhobia · 2026-02-10T16:20:05+00:00

Ryanair has signed an engine material service agreement with CFM to support the maintenance of over 2,000 engines, starting from 2029. This move marks its transition from a pay-per-hour model to in-house maintenance, with plans to open two maintenance workshops, each with an investment of 400 million to 500 million euros.

LootboxPhobia

2026-02-10 16:20:05

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Investing.com – Ryanair has signed a memorandum of understanding with CFM to establish an engine material service agreement, which will support the airline’s maintenance plans for over 2,000 CFM engines starting in 2029.

This agreement marks a strategic shift for Ryanair from a pay-per-hour model to in-house maintenance operations.

As part of this transformation, the airline plans to open two new engine maintenance workshops, with the first scheduled to begin operations by the end of 2028 and the second to be operational between 2030 and 2031.

Each new engine maintenance workshop will require significant capital expenditure, estimated at 400 million to 500 million euros per facility. The company’s current medium-term capital expenditure guidance does not include the opening of these workshops or the agreement with CFM.

The agreement with CFM is expected to lead to peak annual spending on spare parts procurement exceeding $1 billion in the early years of the next decade.

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