SpiceJet will partner with FTAI Aviation Ltd., a leading aftermarket provider of engine services, on a CFM56 revitalization program. Under this program, FTAI Aviation Ltd. will provide SpiceJet with up to twenty engines for lease, inclusive of maintenance services.
By leveraging FTAI Aviation’s engine expertise, SpiceJet will have access to a pipeline of available engines which eliminates the need for frequent shop visits. The revitalization program will reduce maintenance expense and minimize aircraft downtime, enhancing the airline’s overall performance.
The first engines will be used to support the re-activation of SpiceJet’s aircraft fleet over the next 2-3 months and will be critical for service on new routes.
With FTAI Aviation managing the engines, SpiceJet will strengthen its resource allocation and focus on delivering an exceptional travel experience while maximizing their operational potential.