Aviation services provider AAR Corp. has entered into a multi-year surplus material agreement with Cebu Pacific to support the airline’s CFM56-5B engine maintenance program.
Under the agreement, AAR will supply the low-cost carrier with surplus material for 30 scheduled CFM56-5B engine shop visits over the contract term to reduce maintenance costs while ensuring continued safe and reliable operations.
The surplus parts will be sourced through AAR’s strategic partnership with FTAI Aviation on the CFM56 engine platform.
Shevantha Weerasekera, Vice President for Engineering and Fleet Management at Cebu Pacific, highlighted the benefits of the deal, stating, “Cebu Pacific is proud to partner with AAR to enhance availability of parts and maximize value through the use of surplus material.”
Sal Marino, AAR’s Senior Vice President of Parts Supply, expressed the company’s enthusiasm about expanding its relationship with Cebu Pacific through this agreement, noting that “leveraging available OEM-approved surplus materials through our strategic FTAI Aviation partnership on the CFM56 engine platform will enable Cebu Pacific to realize significant cost savings during shop visits.”
The CFM56-5B engines power Cebu Pacific’s Airbus A320 family aircraft. Based on latest data from Planespotters.net, the low-cost carrier operates 19 Airbus A320ceo and seven Airbus A321ceo aircraft fitted with the said engines.
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