PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Safran Group

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

AviancaTaca Signs Agreement with CFM Valued At $2.7 Billion - Colombia based AviancaTaca Holdings announced that is has selected the advanced technology LEAP-1A engines to power 33 Airbus A320neo family aircraft, in addition to ordering CFM56-5B engines to power an additional 18 Airbus A320ceo family aircraft
AviancaTaca Signs Agreement with CFM Valued At $2.7 Billion

 

NewswireToday - /newswire/ - West Chester, OH, United States, 2013/03/11 - Colombia based AviancaTaca Holdings announced that is has selected the advanced technology LEAP-1A engines to power 33 Airbus A320neo family aircraft, in addition to ordering CFM56-5B engines to power an additional 18 Airbus A320ceo family aircraft. PAR: SAF | SAFRAN

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The airline has also opted for a comprehensive engine maintenance service package. The agreement has a total combined value of $2.7 billion U.S. at list price.

AviancaTaca signed a 15-year RPFH (Rate per Flight Hour) agreement to support both the new CFM56 and LEAP engine fleets under which CFM will guarantee maintenance costs on a dollar per engine flight hour basis.

Deliveries of the A320ceos are scheduled between 2014 and 2016, while the A320neos will be delivered in the 2017 to 2019 timeframe. The airplanes were originally announced in June 2011.

Avianca has been a CFM customer since 2006 and currently operates a fleet of 66 CFM56-5B-powered Airbus A320 family aircraft. The airline merged with TACA in 2010 to create one of the largest carriers in Latin America, transporting more than 20 million passengers in 2012. The new aircraft will be used for both fleet renewal and growth.

“We picked the LEAP-1A after a very thorough technical evaluation and we believe it is the right engine for our A320neo fleet,” said Fabio Villegas Ramirez, CEO of AviancaTaca. . “The fuel efficiency it will bring coupled with the CFM standard for reliability and for maintenance cost, will make it a critical tool in implementing our long-term growth strategy.”

“We are always honored when an airline of this stature continues to put its trust in CFM,” said Jean-Paul Ebanga, president and CEO of CFM International. “We are looking forward to a great future with this team and to proving that their trust is well placed.”

“This order is a continuation of what has already been a phenomenally good relationship,” said Doug Izarra, sales general manager for CFM. “We are excited to bring all of the benefits of LEAP technology ─ double-digit improvements in fuel burn, noise, and carbon and NOx emissions with CFM reliability ─ to AviancaTaca. We believe these engines will prove to be real assets for the airline.”

LEAP engines incorporate revolutionary technologies never before seen in the single-aisle aircraft segment. This engine combines advanced aerodynamic design techniques, lighter, more durable materials, and leading-edge environmental technologies, making it a major breakthrough in engine technology. The 15 percent better engine fuel efficiency, at current fuel prices, translates to as much as $1.6 million in fuel cost savings alone for customers per airplane, per year. LEAP technology will also achieve double-digit improvements in CO2 emissions and noise levels, all while providing CFM56 levels of world-class reliability and low maintenance costs

LEAP and CFM56-5B engines are products of CFM International, a 50/50 joint company between Snecma (Safran) and GE. CFM, the world’s leading supplier of commercial aircraft engines, has delivered nearly 25,000 engines to date. The LEAP-1A has been selected to power more than 50 percent of all A320neo orders to date for which an engine selection has been announced. The CFM56-5B engine powers every model of the Airbus A320 family and has been chosen to power nearly 60 percent of all A320 aircraft in service or on order.

About AviancaTaca Holdings
AviancaTaca is one of the largest and fastest growing aviation groups in Latin America. It currently operates a combined fleet of more than 150 aircraft, the second largest fleet in Latin America. The group serves more than 100 destinations in Latin America, US, Canada, Caribbean region and Europe, and has 4 major hubs in Bogota, San Salvador, Lima and San José de Costa Rica.

Contact:
Jamie Jewell
T: 513.552.2790 / M: 513.885.2282 - E: jamie.jewell[.]ge.com.

Rick Kennedy
T: 513.243.3372 / M: 513.607.0609 - E: rick.l.kennedy[.]ge.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Safran Group

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Aviation/Aerospace articles,
CATCH Visitors via Your Competitors Announcements!


AviancaTaca Signs Agreement with CFM Valued At $2.7 Billion

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Safran Group |
Publisher Contact: Antoinette Menard - Snecma.fr 
+33(0)1 69 87 09 28 / +33(0)6 74 78 10 65 (mobile) antoinette.menard[.]snecma.fr
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Safran Group securities in any jurisdiction including any other companies listed or named in this release.

Aviation/Aerospace via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Safran Group / Company Profile


Read Aviation/Aerospace Most Recent Related Newswires:

AW169, GrandNew Orders Reinforce Leonardo's Strong Position in Brazilian Corporate Helicopter Market
LEAP Engine Setting New Standard for Commercial Aviation
Leonardo Inaugurates its New Airborne Systems Facility in L'Aquila, Making the Abruzzo Region A Hub for Leonardo's High-tech Production
Leonardo AW189 to Support Oil & Gas Operations in Russia from Sakhalin Island
Airbus Safran Launchers Group Announces 80th Consecutive Successful Launch For Ariane 5
Safran and Maini Precision Products Sign Supply Contract for LEAP Engine Guide Vanes
Safran Acquires ISEI - A Specialist in Helicopter Flight Data Management
DSNA, ENAV, Leonardo and Thales Strengthen their Cooperation for Coflight
CDPQ & GE Capital Aviation Services to Join Forces in Creating USD 2-billion Global Aircraft Financing Platform
Boeing Launches 737 MAX 10 Powered by LEAP-1B Engines
Leonardo Unveils its Lightest-ever Multi Mode Radar, The Gabbiano TS Ultra Light
PPG Receives PMA for Airbus A320 Enhanced-design Sliding Cockpit Windows
Safran Aircraft Engines and AFI KLM E&M Introduce their New Joint Venture, Airfoils Advanced Solutions
Leonardo Launches New 218 Model BriteCloud Anti Missile Countermeasure Following Live Fire Exercise with F-16
Thales Alenia Space Signed A Contract with Inmarsat for the Construction of GX Satellite

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  MagLar, Inc.





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)