Safran Aircraft Engines has announced its intention to acquire Component Repair Technologies (CRT), an American firm based in Mentor, Ohio, renowned for its expertise in aircraft engine part repairs. This move will bolster Safran's maintenance, repair, and overhaul (MRO) capabilities across the Americas. CRT, employing over 450 people, specialises in repairing large components such as cases and rotating parts for CFM56, LEAP, and large turbofan engines.
Jean-Paul Alary, CEO of Safran Aircraft Engines, highlighted that this acquisition aligns with the company's strategy to expand its global MRO network. He expressed enthusiasm about leveraging CRT's proven expertise to support the growing fleet of LEAP-powered aircraft. “Our strategy includes major investments at all our current facilities, plus the construction of new facilities. With this ambitious ramp-up, Safran Aircraft Engines will proactively support the rapidly growing global fleet of LEAP-powered airplanes.”
Once integrated, CRT will contribute to Safran Aircraft Engines' shop visits provided under CFM Services agreements, catering to airlines and other OEM and third-party MRO providers. CRT will become part of Safran's extensive network of repair facilities, which includes locations in Châtellerault, France; Ceramic Coating Center, France; Airfoils Advanced Solutions, France; PTI, Florida; and Safran Aircraft Engine Services Americas in Querétaro, Mexico. This acquisition complements the recent announcement of a new LEAP engine maintenance facility in Querétaro and supports Safran's goal of optimising its industrial organisation amid strong growth in LEAP support services.
“As a long-standing partner to Safran Aircraft Engines, CRT has proven its ability to develop innovative new repair processes,” noted Nicolas Potier, Vice President, Support, Services & MRO at Safran Aircraft Engines. “Adding their capabilities to our network provides a major asset to support our customers' operations worldwide. It also reflects our industrial strategy of providing a world-class MRO source on each continent.”
The acquisition is subject to regulatory approvals and is anticipated to be finalised by the end of 2024. The LEAP engine, a major commercial success, has over 7,500 units delivered and 10,600 on order, reducing CO2 emissions by 15% to 20% compared to previous generations while also cutting noise levels.
