Ryanair has signed a Memorandum of Understanding with CFM International for a multi-year, multi-billion-dollar engine material services agreement to support its fleet of almost 2,000 Boeing 737 engines. The deal commits Ryanair to purchase all engine spare parts directly from CFM, covering CFM56-7B and LEAP-1B models on its growing fleet of 800 Boeing 737 aircraft. Ryanair expects to open two engine maintenance, repair, and overhaul shops in Europe from 2029 to handle in-house maintenance.
The agreement extends a 30-year partnership, with Ryanair previously under a power-by-the-hour contract for CFM56 engines. Ryanair anticipates committing to spare parts purchases exceeding €900m annually once in-house maintenance begins. The deal secures supply amid industry shortages and supports fleet expansion.
CFM, a joint venture between Safran Aircraft Engines and GE Aerospace, will provide parts and support until Ryanair’s facilities operate fully. Executives from both companies confirmed the arrangement strengthens collaboration for efficient operations and cost control.
Michael O’Leary shared “We are pleased to extend our long-term partnership with CFM with this multi-year, multi-billion-dollar spares support agreement. For the last 30 years, CFM has been maintaining all of Ryanair’s CFM56 engines under a long term “power by the hour” contract. However, from 2029 onwards, Ryanair expects to bring the maintenance of its engines “in-house”, and we are pleased to do so with the help and support of our partners CFM.”
Olivier Andriès shared “This new major milestone further strengthens the strategic relationship we have built with Ryanair over the past three decades, and we are proud to support their continued growth through this comprehensive MRO services offering. With the ongoing success of the CFM56 and the rapid growth of the LEAP fleet, we are investing to build a global MRO network within an open and competitive ecosystem to help our airline customers optimise fleet efficiency and control operational costs.”
