How is it done: Engine Sharing

SN30952 · Post by **SN30952** » 02 Dec 2003, 23:03

Willis Lease Finance Signs CFM56-7B Engine Sharing Arrangement With Five Chinese Airlines; Innovative Cooperative Agreement Is First of Its Kind in Industry SAUSALITO, Calif., Dec 2, 2003
Willis Lease Finance Corporation, a leading lessor of commercial jet engines, today announced the signing of an engine sharing agreement between itself and four Chinese air carriers including Air China, Air China Southwest, China Eastern Airlines, Shanghai Airlines and Shenzhen Airlines. The signing of this innovative cooperative agreement for the first time allows the agreement members to lease their spare engines to each other under standardized terms. Other Chinese airlines are reviewing the agreement and are expected to join the five launch members in the next few months.
The engine sharing arrangement specifically covers CFM56-7B engines that are used to power B737-600/700/800/900 aircraft. The CFM56-7B sharing agreement allows members to obtain the use of available spare engines from other members, including Willis Lease Finance. In addition to facilitating the negotiations for the engine sharing agreement, Willis Lease Finance has also designed and launched a web-based reservation system that allows the members to access detailed information relating to engine availability and condition. If suitable engines are not available in the pool, Willis Lease Finance will be the preferred provider for pool members.'
Aviation industry experts recognize the Chinese civil aviation market is poised for rapid development. Boeing cites a 7.6% annual growth rate in the Chinese aviation market and claims that Chinese airlines will require an additional 1,900 new aircraft by 2020. Similarly, Airbus reports that by 2020 the airline traffic within the Asia-Pacific region will have surpassed the traffic in the North American domestic market, making it the world's largest air travel market.

SOURCE: Willis Lease Finance
Willis Lease Finance Donald A. Nunemaker Chief Operating Officer 415-331-5281

Lien · Post by **Lien** » 03 Dec 2003, 16:46

SN30952 wrote:The engine sharing arrangement

This seems to be a good cost reducing factor in exploitation.
Especially as not all airlines use their spare engines at the same time.

SN30952 · Post by **SN30952** » 03 Dec 2003, 19:26

Lien wrote:
SN30952 wrote:The engine sharing arrangement
This seems to be a good cost reducing factor in exploitation.
Especially as not all airlines use their spare engines at the same time.

Statistically not all airlines use their spare engines at the same time.
How many spare 777-engines does AF has?

Soon Dave will have to keep a database of shared & spare engines?!?