FTAI Aviation Announces Multi-Year Materials Agreement with CFM International to Further Support CFM56 Engines
NEW YORK, Jan. 22, 2026 (GLOBE NEWSWIRE) -- FTAI Aviation Ltd. (NASDAQ:FTAI) today announced it has signed a multi-year agreement with CFM International, Inc. ("CFM"), a joint venture between GE Aerospace and Safran Aircraft Engines, to provide component and repair support for CFM56 engines, the largest commercial aircraft engine population in the world.
The new agreement solidifies CFM and FTAI's shared priority of extending the life of CFM56 engines through optimized repair and maintenance offerings, which will further strengthen the open maintenance, repair, and overhaul (MRO) ecosystem and help support the strong global demand for current generation narrowbody aircraft. Under the agreement, FTAI secures OEM replacement part supply, thrust performance upgrades and component repair, which is expected to further FTAI's ability to provide the global fleet with cost-effective engine maintenance solutions.
"FTAI's mission is to be the most efficient provider of aftermarket CFM56 engine solutions enabling airlines to focus on flight operations while lowering costs and improving fleet reliability," said Joe Adams, Chairman and CEO. "CFM56-powered aircraft continue to see strong utilization and this agreement strengthens our ability to support the long-term maintenance needs of the global fleet, which we expect to remain robust through the next decade."
"We are excited for our expanded collaboration with CFM," said David Moreno, Chief Operating Officer. "This agreement sets the foundation for a stronger and more resilient CFM56 aftermarket by enabling access to new parts and repair solutions, which will help us further facilitate the acceleration of engine production volumes."
About FTAI
FTAI combines advanced turbine technology and asset ownership to power the world's most essential markets. Additional information is available at https://www.ftaiaviation.com.
Cautionary Note Regarding Forward-Looking Statements
Certain statements in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, the new agreement further strengthening the open MRO ecosystem and helping support global demand for current generation narrowbody aircraft, furthering FTAI's ability to provide cost-effective engine maintenance solutions, FTAI's ability to support the long-term maintenance needs of the global fleet, and whether there will be a stronger and more resilient CFM56 aftermarket which help FTAI further facilitate the acceleration of engine production volumes. These statements are based on management's current expectations and beliefs and are subject to a number of trends and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements, many of which are beyond the Company's control. The Company can give no assurance that its expectations will be attained, and such differences may be material. Accordingly, you should not place undue reliance on any forward-looking statements contained in this press release. For a discussion of some of the risks and important factors that could affect such forward-looking statements, see the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, which are available on the Company's website (www.ftaiaviation.com). In addition, new risks and uncertainties emerge from time to time, and it is not possible for the Company to predict or assess the impact of every factor that may cause its actual results to differ from those contained in any forward-looking statements. Such forward-looking statements speak only as of the date of this press release. The Company expressly disclaims any obligation to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with regard thereto or change in events, conditions, or circumstances on which any statement is based. This release shall not constitute an offer to sell or the solicitation of an offer to buy any securities. Nothing on the Company's website is included or incorporated by reference herein.
For further information, please contact:
Alan Andreini
Investor Relations
FTAI Aviation Ltd.
(646) 734-9414
[email protected]
Media:
Tim Lynch / Kelly Sullivan
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
