Safran: agreement with Saudigulf Airlines for CFM
(CercleFinance.com) - CFM International, a joint-venture between GE and Safran, today annonces that it has signed an agreement with SaudiGulf Airlines for the purchase of LEAP-1A engines to power 10 firm, 10 option A320neo family aircraft.
At list prices, this contract is worth an estimated 1.2 billion dollars. The first deliveries are scheduled for 2023.
"The airline is also leasing an additional 20 LEAP-powered A320neo aircraft and plans to take its first aircraft in 2020. To support the entire fleet, including the leased aircraft, the airline has also signed a 12-year Rate per Flight Hour agreement under the terms of which CFM will provide maintenance support on a dollar per flight hour basis," CFM added.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
At list prices, this contract is worth an estimated 1.2 billion dollars. The first deliveries are scheduled for 2023.
"The airline is also leasing an additional 20 LEAP-powered A320neo aircraft and plans to take its first aircraft in 2020. To support the entire fleet, including the leased aircraft, the airline has also signed a 12-year Rate per Flight Hour agreement under the terms of which CFM will provide maintenance support on a dollar per flight hour basis," CFM added.
Copyright (c) 2018 CercleFinance.com. All rights reserved.