Airlines
IATA, CFM Reach Competition Settlement
Airline lobby group “hopeful” other OEMs will follow suit

The International Air Transport Association hopes that other OEMs will follow CFM International in adopting a code of conduct meant to increase the opportunities available to third-party providers of engine parts and MRO services on the CFM56 and the new Leap series engines. The global airline trade body and CFMI, a 50/50 joint venture between General Electric and France’s Safran Aircraft Engines, Tuesday announced they had signed a commercial settlement agreement concerning CFM's MRO policies and activities.