GMF and FTAI expand engine maintenance partnership in Asia-Pacific

PT Garuda Maintenance Facility Aero Asia Tbk (GMF) and FTAI Aviation Ltd. (Nasdaq: FTAI) have formalized an expanded collaboration focused on engine and auxiliary power unit (APU) maintenance across the Asia-Pacific region, according to a press release from the two companies.

The agreement was signed at MRO Asia-Pacific 2026 at Singapore Expo. It initially covers CFM56-5B and CFM56-7B engines and GTCP131-9 series APUs, with guaranteed capacity reserved for FTAI over a five-year period.

The partnership builds on an existing arrangement in which GMF provides engine maintenance services for FTAI. Under the expanded terms, the two companies plan to develop deeper module and piece-part capabilities and work toward coverage of next-generation engines, including the CFM LEAP.

FTAI President David Moreno said the arrangement places maintenance capacity closer to the company's Asia-Pacific customers. "Bringing committed engine volumes to GMF puts maintenance capacity closer to those customers with faster turnaround times," he said.

GMF CEO Andi Fahrurrozi said the collaboration is intended to broaden GMF's customer base in the region and support capacity expansion. "This collaboration responds to growing engine maintenance demand from FTAI, its customers, and the broader aviation market across the region," he said.

FTAI will provide technical expertise and training support to reinforce GMF's capabilities and workforce development. The companies also said the collaboration is expected to improve access to materials, spare parts, and components within the engine MRO supply chain.

GMF is listed on the Indonesia Stock Exchange under the ticker GMFI and is part of the Garuda Indonesia Group.

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