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Natixis CIB Finances LEAP-1B Engines for Phoenix and AIP Capital

Natixis Corporate & Investment Banking (CIB) (France) has provided financing for the acquisition of ten LEAP-1B engines by Phoenix Aviation Capital (Ireland) and AIP Capital (US). These engines are scheduled for delivery in 4Q 2024 and will be leased to a maintenance, repair, and overhaul (MRO) provider.

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FAA Addresses LEAP-1B Engine Issue with Industry Collaboration

The Federal Aviation Administration (FAA) is actively addressing concerns related to the LEAP-1B engine, used on the Boeing 737 MAX aircraft, through its standard continued operational safety process. The initiative involves close collaboration with key stakeholders, including Boeing, engine manufacturer CFM International, and the European Union Aviation Safety Agency (EASA).

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AFI KLM E&M and Smartwings Partner for LEAP-1B Engine Maintenance

AFI KLM E&M, a global leader in aircraft maintenance services, has entered into a comprehensive maintenance agreement with Smartwings (Czechia) for the LEAP-1B engines powering Smartwings’ fleet. This agreement includes Quick Turn Support, enabling timely maintenance solutions that enhance operational efficiency and engine performance.