10/29/2024 | Press release | Distributed by Public on 10/29/2024 05:41
October 29, 2024, Paris
Safran Aircraft Engines today announced an investment plan of more than €1 billion for the development of its global maintenance, repair and overhaul (MRO) network to support the growing fleet of LEAP engines around the world.
This massive investment will expand Safran's MRO capabilities, allowing it to support the anticipated ramp-up in demand for LEAP aftersales services in the coming years. The LEAP is the latest engine developed by CFM International, a joint venture between Safran Aircraft Engines and GE Aerospace. It entered service in 2016 and today powers nearly 4,000 narrowbody aircraft, including most new-generation Airbus A320neo, Boeing 737 MAX and COMAC C919 airliners.
"The expansion of our global LEAP MRO network is in response to the tremendous success of this engine, which has been chosen by some 180 airlines around the world,"said Jean-Paul Alary, Chief Executive Officer of Safran Aircraft Engines. "To ensure we keep pace with the expected increase in demand for aftersales support, we're making unprecedented investments to radically scale up our global MRO network," he continued. "Geared to delivering world-class industrial performance, our MRO network will be significantly expanded globally, allowing us to provide services where customers need them, while minimizing the carbon footprint from our activities."
These latest investments will enable Safran Aircraft Engines to handle 1,200 shop visits per year by 2028. This capital outlay will cover the construction of an additional 120,000 square meters of industrial facilities dedicated to LEAP repair and maintenance, including:
The investment plan also encompasses the development of the company's global engine part repairs network, including:
To support the expansion of its MRO network, Safran Aircraft Engines plans to hire 4,000 people worldwide and forge local learning and academic partnerships to ensure the upskilling of staff across its MRO organization.
"People are at the heart of this major expansion," said Nicolas Potier, Executive VP, Support & Services at Safran Aircraft Engines. "That's why we've launched an ambitious training plan aimed at fostering an international network spanning all the job fields involved in MRO," he added. "By developing synergies among our MRO facilities, which are also located close to our other industrial sites, we'll be optimally positioned to achieve best-in-class quality, safety and industrial performance, while reducing our carbon footprint."