CFM LEAP-1B on Boeing 737 MAX
Ryanair announced a $500 million investment in the purchase of 30 new CFM LEAP 1-B spare engines that will be used to support its growing fleet. The engines, scheduled for delivery over the next two years, will bring Ryanair’s spare engine pool to more than 120 units. Having spare engines will enhance the carriers operational reliability as capacity will exist to swap a new engine onto an airplane while its engines are in for an overhaul or repairs.
Ryanair CEO Michael O’Leary stated “We are pleased to continue to develop our longstanding partnership with CFM (Safran & GE Aerospace). Today’s purchase of 30 new LEAP-1B spare engines is a significant $ 500 million commitment to improve the operational resilience of our Group airlines. These latest technology CFM engines reduce fuel consumption and CO2 emissions per seat by up to 20% when installed on our B737 MAX fleet, which will further widen Ryanair’s cost leadership over competitor airlines in Europe.”
CFM President and CEO GaĂ«l MĂ©heust added: “This new agreement is another milestone in the long and successful partnership we have built with Ryanair. We look forward to continuing to support Ryanair’s significant growth by providing them with industry-leading reliability and utilization standards.” Â
With a current fleet of 210 Boeing 737 MAX aircraft, and future MAX 10 aircraft on order arriving in 2027, the spare engines will enhance schedule reliability as additional aircraft are added to one of the largest MAX fleets in the world. Â Having additional spare engines will help Ryanair maintain strong operating performance and ensure that crowded MRO schedules cannot negatively impact the company’s ability to complete its schedule.
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