Safran: flynas signs agreement with CFM International

(CercleFinance.com) - Flynas, the leading low-cost airline in the Middle-East has signed an agreement with CFM International to buy LEAP-1A engines.


With a list price worth of 6.3 billion dollars (23.6 billion SAR), the contract includes the acquisition of LEAP-1A engines to power the incoming fleet of 80, A320-neo aircraft ordered by flynas, which are scheduled to be delivered from 2018. The agreement also comprises an associated long-term maintenance and service agreement.

Ayed Al Jeaid, Chairman of Flynas Company said “It is highly gratifying to come into partnership with CFM in efforts to continue our strategic development. CFM's proven success and performance over the years, comes as an essential component of our agreement with Airbus to purchase 80 confirmed order and 40 optional of A320-neo aircraft."



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