SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16
of the Securities Exchange Act of 1934
For the
month of February 2026
RYANAIR HOLDINGS PLC
(Translation
of registrant's name into English)
c/o Ryanair Ltd Corporate Head Office
Dublin Airport
County Dublin Ireland
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file
annual
reports
under cover Form 20-F or Form 40-F.
Form
20-F..X.. Form 40-F
Indicate
by check mark whether the registrant by furnishing the
information
contained
in this Form is also thereby furnishing the information to
the
Commission
pursuant to Rule 12g3-2(b) under the Securities
Exchange
Act of
1934.
Yes
No ..X..
If
"Yes" is marked, indicate below the file number assigned to the
registrant
in
connection with Rule 12g3-2(b): 82- ________
RYANAIR AND CFM AGREE MULTI-YEAR, MULTI-BILLION-DOLLAR ENGINE
MATERIAL SERVICES AGREEMENT
Ryanair,
Europe's largest passenger airline, and CFM (a 50/50 joint venture
between France's Safran Aircraft Engines and the US GE Aerospace)
have today (Tues, 10 Feb) signed a Memorandum of Understanding
(MoU) for a multi-year, multi-billion-dollar engine material
services agreement under which CFM will support Ryanair's engine
maintenance programme, which is expected to include the opening of
2 engine MRO Shops, which Ryanair will open from 2029 to support
its fleet of almost 2,000 B737 engines.
This
multi-year agreement means that Ryanair has committed to purchase
all its engine spare parts directly from CFM in a contract to
support Ryanair's fleet as it grows to 800 Boeing 737 family
aircraft, and over 2,000 CFM engines. The contract will support
Ryanair's existing & future CFM56-7B and LEAP-1B engines, which
are fitted to the airlines Boeing 737 NG and MAX aircraft, and
Ryanair expects to take over the maintenance of these engines
directly from CFM when it opens 2 engine MRO Shops in Europe
towards the end of this decade. Across the term, Ryanair expects to
commit to purchasing spare parts in excess of $1bn p.a. directly
from CFM.
In Paris, Ryanair's Group CEO, Michael O'Leary, said:
"We are pleased to extend our long-term partnership with CFM with
this multi-year, multi-billion-dollar spares support agreement. For
the last 30 years, CFM has been maintaining all of Ryanair's CFM56
engines under a long term "power by the hour" contract. However,
from 2029 onwards, Ryanair expects to bring the maintenance of its
engines "in-house", and we are pleased to do so with the help and
support of our partners CFM. Ryanair will place substantial orders
for initial spare parts provisioning with CFM to support the
opening of each of these 2 Ryanair engine maintenance facilities.
When Ryanair takes over all its engine maintenance in-house, we
expect this contract will be worth in excess of $1bn annually to
CFM in spare engines and spare parts supplies. This new spare parts
agreement extends our 30 year partnership with CFM, and we look
forward to working closely with CFM, Safran and GE to support what
will be one of the world's largest commercial aircraft fleets, and
one of the world's largest packages of Boeing 737 engines
too."
Olivier Andriès, CEO of Safran, said:
"This new major milestone further strengthens the strategic
relationship we have built with Ryanair over the past three
decades, and we are proud to support their continued growth through
this comprehensive MRO services offering. With the ongoing success
of the CFM56 and the rapid growth of the LEAP fleet, we are
investing to build a global MRO network within an open and
competitive ecosystem to help our airline customers optimize fleet
efficiency and control operational costs."
H. Lawrence Culp, Jr., chairman and CEO of GE Aerospace,
said:
"Ryanair is one of our largest customers, and we value the
opportunity to work with them on solutions to increase capacity and
reduce turnaround time. This MoU demonstrates our commitment to an
open MRO ecosystem that supports growing demand while reducing cost
of ownership."
Editor's Note: Ryanair operates a fleet of 650 aircraft, which
comprises 410 x Boeing 737 NG aircraft powered by the CFM56
engines, and 210 x Boeing 737 MAX 8 aircraft powered by CFM LEAP-1B
engines. Ryanair also has 300 MAX 10 aircraft on order, which will
also be powered by CFM LEAP-1B engines. With a forecast fleet of
800 aircraft in 2034, Ryanair expects to own and operate almost
2,000 CFM56 and LEAP-1B engines.
ENDS
For further info
please contact: Ryanair Press
Office
T: +353-1-9451799
E: press@ryanair.com
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorized.
Date: 10
February, 2026
|
|
By:___/s/
Juliusz Komorek____
|
|
|
|
|
|
Juliusz
Komorek
|
|
|
Company
Secretary
|