
AFI KLM E&M and AerCap to Launch LEAP Engine Leasing JV, Bolster Test-Cell Capacity
AFI KLM E&M has struck a joint-venture agreement with AerCap to jointly own and manage a pool of CFM LEAP-1A and ‑1B spare engines for A320neo and 737 MAX operators. The partnership will also finalize new engine test-cell capabilities in Amsterdam and Paris to meet surging MRO demand and spare shortages.