BUSINESS

WILLIS LEASE ENTERS CONSTANTACCESS™ AGREEMENT WITH SCANDINAVIAN AIRLINES SYSTEM 

17/01/2020 03:51 PM

KUALA LUMPUR, Jan 17 -- Willis Lease Finance Corporation has entered into a ConstantAccess™ agreement with Scandinavian Airlines System. The Company will guarantee availability of CFM56-5C engines to cover requirements due to both planned and unplanned removals of engines powering the airline’s fleet of eight A340 aircraft.

“Yet again, we are extremely pleased and proud to continue our long and deep partnership with SAS,” said Willis Lease chairman and chief executive officer, Charles F. Willis.

“By leveraging Willis Lease’s comprehensive inventory of serviceable engines, SAS will avoid any further major shop visits for CFM56-5C engines as they phase out of their A340 fleet in the coming years.”

Meanwhile, SAS vice-president (Fleet Management), Niklas Hårdänge said: “Over the next 36 months, as we transition into our new fleet of latest technology and most fuel efficient Airbus A350 aircraft, the Willis Lease ConstantAccess™ product will play a critical role providing SAS with a seamless and very efficient engine support transition service.”

Willis Lease Finance Corporation leases large and regional spare commercial aircraft engines, auxiliary power units and aircraft to airlines, aircraft engine manufacturers and maintenance, repair and overhaul providers in 120 countries.

-- BERNAMA


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