Global Airlines Extend CFM Engine Maintenance Agreement to 2033
Airlines renewed their agreement with CFM International, extending engine maintenance terms to 2033. This aims to mitigate $6 billion in supply chain costs.
Insights:
Global airlines have renewed and extended their competition agreement with CFM International, doubling the term from a previous seven-year arrangement to a 14-year commitment through February 2033. Announced by the International Air Transport Association (IATA) on January 20, 2026, this agreement provides long-term aftermarket revenue certainty for CFM International, owned by GE Aerospace and Safran SA , while offering airlines a strategic tool to manage unprecedented supply chain pressures.
