The International Air Transport Association (IATA) has renewed its agreement with CFM International through February 2033, a move aimed at strengthening competition in the market for maintenance, repair and overhaul (MRO) services for CFM engines, at a time when airlines remain under acute cost and capacity pressure.
CFM International, a 50/50 partnership between GE Aerospace and Safran Aircraft Engines, manufactures the widely used CFM56 engine family as well as the
