{"id":53957,"date":"2026-07-20T13:25:12","date_gmt":"2026-07-20T13:25:12","guid":{"rendered":"https:\/\/www.europesays.com\/france\/53957\/"},"modified":"2026-07-20T13:25:12","modified_gmt":"2026-07-20T13:25:12","slug":"air-france-klm-aercap-establish-leap-engine-venture","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/france\/53957\/","title":{"rendered":"Air France-KLM, AerCap Establish LEAP Engine Venture"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"558\" src=\"https:\/\/www.europesays.com\/france\/wp-content\/uploads\/2026\/07\/AF-KLM-Thumbnail-1-1024x558.png\" alt=\"Air France-KLM, AerCap Establish LEAP Engine Venture\" class=\"wp-image-14091\"  \/>Air France-KLM, AerCap Establish LEAP Engine Venture<\/p>\n<p class=\"wp-block-paragraph\">Farnborough, 20 July 2026\u00a0\u2013 Air France Industries KLM Engineering &amp; Maintenance (\u201cAFI KLM E&amp;M\u201d) and AerCap Holdings N.V. (\u201cAerCap\u201d) (NYSE: AER) today announced the signing of an agreement to establish a 50\/50 LEAP engine leasing joint venture to support the growing demand for LEAP spare engines. The joint venture follows the memorandum of understanding announced at the\u00a0<a href=\"https:\/\/www.afiklmem.com\/en\/press-release\/17062025_afi-klm-em-and-aercap-enter-into-exclusive-negotiations-to-form-a-leap-joint-venture\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Paris Air Show in 2025<\/a>, and is subject to the necessary approvals by the relevant authorities.<\/p>\n<p class=\"wp-block-paragraph\">The joint venture will provide spare engine support to AFI KLM E&amp;M customers operating LEAP-powered aircraft worldwide and is expected to initially acquire approximately 40 new CFM LEAP-1A and LEAP-1B spare engines. Subject to the necessary approvals by the relevant authorities, deliveries are scheduled through 2032, with the first four LEAP engines expected to be available to AFI KLM E&amp;M customers by early 2027.<\/p>\n<p class=\"has-lighter-blue-color has-text-color has-link-color wp-elements-a088cdf21fd27302516dc7eb52ed3ddc wp-block-paragraph\">\u201cThe signing of this agreement to establish a joint venture with AerCap marks a significant strategic step in addressing the evolving needs of the LEAP engine market,\u201d\u00a0said\u00a0Anne Brachet, Executive Vice President Air France-KLM E&amp;M.\u00a0\u201cThis joint venture will bring together complementary expertise to strengthen support for LEAP operators worldwide. Combining AerCap\u2019s expertise in engine leasing together with AFI KLM E&amp;M\u2019s extensive MRO knowledge and capabilities is the basis for a long-term partnership that will support our customers in securing critical access to spare engine capacity as we see demand for LEAP-powered aircraft continue to grow.\u201d<\/p>\n<p class=\"has-lighter-blue-color has-text-color has-link-color wp-elements-b9df56a22933193cd7c201b7c5bb9c67 wp-block-paragraph\">\u201cThrough this joint venture, we will combine AerCap\u2019s engine leasing expertise with AFI KLM E&amp;M\u2019s world-class maintenance, repair and overhaul capabilities to help meet the growing demand for LEAP spare engines,\u201d\u00a0said\u00a0Tom Slattery, Executive Vice President, AerCap Engines.\u00a0\u201cTogether, we will provide reliable and flexible engine support solutions to AFI KLM E&amp;M customers operating LEAP-powered aircraft worldwide, ensuring they have access to critical spare capacity as LEAP-powered fleets continue to expand.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/france\/wp-content\/uploads\/2026\/06\/AJ-Logo.jpg\" width=\"100\" height=\"100\" alt=\"\" itemprop=\"image\"\/><\/p>\n<p>Aviation Jeta is an aviation news platform covering airlines, airports, aircraft, and global aviation developments. We publish accurate, well-researched, and detailed aviation news and industry insights from around the world.<\/p>\n","protected":false},"excerpt":{"rendered":"Air France-KLM, AerCap Establish LEAP Engine Venture Farnborough, 20 July 2026\u00a0\u2013 Air France Industries KLM Engineering &amp; Maintenance&hellip;\n","protected":false},"author":2,"featured_media":53958,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13058],"tags":[739,326,26072],"class_list":["post-53957","post","type-post","status-publish","format-standard","has-post-thumbnail","category-air-france","tag-air-france","tag-aviation","tag-mro"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/53957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=53957"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/53957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/53958"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=53957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=53957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=53957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}