Core Insights - AerCap Holdings N.V. has signed a seven-year agreement with GE Aerospace to provide lease pool management services for the GE9X engine, extending support for other engines as well [1][2][3] Group 1: Agreement Details - The agreement enhances the partnership between AerCap and GE Aerospace, adding the GE9X engine to AerCap's servicing capabilities [2] - AerCap will manage GE9X shop visit management, lease return coordination, technical services, and lease documentation support [2][3] Group 2: Strategic Importance - The agreement is crucial for ensuring that customers have a robust support network for their 777X fleets when the GE9X enters service [3] - GE Aerospace is investing in capabilities to support GE9X customers, including increasing capacity and enhancing training [3] Group 3: Company Background - AerCap is a global leader in aviation leasing, serving approximately 300 customers worldwide with comprehensive fleet solutions [4] - GE Aerospace has an installed base of around 44,000 commercial and 26,000 military aircraft engines, employing 52,000 people globally [5]

Core Insights - GE Aerospace inaugurated the XEOS facility in Poland, a joint venture with Lufthansa Technik, focusing on the maintenance, repair, and overhaul of CFM LEAP engines [1][2] - The facility aims to enhance MRO capabilities for LEAP engines, which are used in popular aircraft like Airbus A320neo and Boeing 737 MAX [1][2] Company Developments - XEOS is currently performing LEAP-1B shop visits and supporting LEAP-1A module work, with plans to expand its testing capabilities [2] - The facility spans 35,000 square meters and includes advanced features such as an engine prep hall, assembly and disassembly areas, and a training center [4] - The workforce at XEOS is expected to grow from 250 employees as capacity is built, with a focus on training and developing local talent [5] Strategic Partnerships - LOT Polish Airlines has selected Lufthansa Technik for the maintenance of its CFM LEAP-1B engines, with the first engine inducted at the XEOS facility [3] - The partnership with local universities and suppliers is part of GE Aerospace's commitment to developing a skilled aerospace workforce in Poland [2] Industry Impact - The establishment of XEOS is seen as a significant boost for the aerospace sector in Poland, providing local servicing capabilities for LEAP engines [4] - GE Aerospace has a long-standing relationship with LOT Polish Airlines, having powered their fleet with various engine types for over 25 years [5][6]