GE Aerospace and UAMCO collaborate on CFM LEAP MRO in Cyprus

CINCINNATI - November 8, 2024 - GE Aerospace (NYSE: GE) announced today that it has signed a maintenance, repair and overhaul (MRO) offload agreement with United Aerospace Maintenance Company (UAMCO) in Cyprus which will focus on quick turn workscopes for CFM* LEAP engines. The agreement will help GE Aerospace fulfill its obligations to CFM for MRO capacity as part of an open MRO ecosystem for LEAP engines. The open ecosystem includes CFM internal capacity, supplied by GE Aerospace and Safran Aircraft Engines, as well as external capacity from Premier MRO shops and other third-party providers who compete for MRO work.

"This agreement validates our commitment to safety, quality, technology and innovation - and to a spirit of cooperation between the Republic of Cyprus and the United States," said John Savvides, chief executive officer at UAMCO, "CFM LEAP engines power the world's most popular passenger aircraft, and we look forward to working with GE Aerospace on the maintenance of these engines."

UAMCO recently secured EASA approval for quick turn maintenance for LEAP-1A engines for Airbus A320neo family aircraft, and for LEAP-1B engines for Boeing 737 MAX aircraft. Based in Larnaca, Cyprus, the MRO provider will focus on meeting the engine maintenance needs of customers in Europe, Middle East, and Africa. The company is already working with GE Aerospace On-Wing Support (OWS) to support on-wing and near-wing retrofits of the new reverse bleed system (RBS) for LEAP-1A engines. UAMCO currently has two teams who can perform these installations anywhere in the world.

"UAMCO offers an impressive set of MRO capabilities and capacity," said Tom Levin, vice president of CFM commercial programs at GE Aerospace. "We depend on strategically located providers like UAMCO to help us meet unprecedented demand for LEAP engines, decrease turnaround time, and maintain the highest standards of safety and quality."

The CFM LEAP engine family offers 15 percent better fuel efficiency and lower carbon emissions compared to CFM56 engines, with operators reporting up to 20 percent savings compared to prior-generation aircraft. With more than 3,500 LEAP-powered aircraft in service, the engine has allowed CFM customers to save more than 35 million tons of CO2 emissions. The LEAP engine has been the most successful new product introduction in CFM's 50-year history, with the fastest-ever ramp-up of engine flight hours in commercial aviation - surpassing 60 million hours in just eight years.

*CFM International is a 50/50 joint venture between GE Aerospace and Safran Aircraft Engines.

About GE Aerospace
GE Aerospace (NYSE:GE) is a global aerospace propulsion, services, and systems leader with an installed base of approximately 44,000 commercial and 26,000 military aircraft engines. With a global team of 52,000 employees building on more than a century of innovation and learning, GE Aerospace is committed to inventing the future of flight, lifting people up, and bringing them home safely. Learn more about how GE Aerospace and its partners are defining flight for today, tomorrow and the future at www.geaerospace.com.

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