Willis Lease Finance Launches CFM56-5B and 7B Engine Life-Extension Program
Willis Lease Finance Corporation launched an industry-first program with CFM International to extend operational life of CFM56-5B and CFM56-7B engines by restoring core components instead of full disassembly. The partnership positions the company to enhance engine utilization and reduce maintenance costs.
1. Program Overview
Willis Lease Finance Corporation has partnered with CFM International to develop an industry-first program aimed at extending the operational life of CFM56-5B and CFM56-7B engines. The initiative restores core engine components during shop visits rather than performing full disassemblies, preserving engine integrity and reducing overhaul downtime.
2. Strategic Benefits
By leveraging OEM materials and restoration techniques, the program is designed to maintain CFM56 engine reliability and increase time on wing. This approach is expected to lower maintenance expenses for customers and improve fleet asset utilization, reinforcing Willis Lease’s competitive position in engine leasing.
3. Deployment and Expansion
An initial group of engines has been identified and inducted for the program, with plans to expand participation across additional CFM56 assets over time. Ongoing evaluation will determine scalability, potentially leading to broader adoption and additional revenue streams from extended engine service agreements.