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Air Europa Places $800 Million Order for CFM LEAP-1B Engines - Air Europe announced that is has ordered CFM International's LEAP-1B engine to power 20 Boeing 737 MAX aircraft ordered earlier today - AirEuropa.com / CFMAeroEngines.com
Air Europa Places $800 Million Order for CFM LEAP-1B Engines

 

NewswireToday - /newswire/ - Farnborough, Hampshire, United Kingdom, 2016/07/13 - Air Europe announced that is has ordered CFM International's LEAP-1B engine to power 20 Boeing 737 MAX aircraft ordered earlier today - AirEuropa.com / CFMAeroEngines.com. PAR: SAF | SAFRAN

   
 
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• Doubles CFM-powered fleet;
• Includes long-term support agreement.

The engine order is valued at more than $800 million U.S. at list price, including a maintenance agreement.

The aircraft order was previously listed as an unidentified customer with Boeing.

Under the terms of the 12-year Rate Per Flight Hour (RPFH) service agreement CFM will guarantee engine maintenance costs on a dollar per engine flight hour basis.

"The reliability of the CFM56 engines in our fleet has been a big factor in our ongoing success," said Juan José Hidalgo, chairman and CEO of Air Europa. "We think the LEAP-1B will further support our long-term growth strategy by providing better fuel efficiency with the level of quality and world-class support we have come to expect from CFM."

Air Europa, headquartered in Palma de Mallorca, Spain, is a long-time CFM customer and currently operates a fleet of 20 CFM56-7B-powered Boeing Next-Generation 737 aircraft.

"We are pleased to continue our long relationship with Air Europa," said Jean-Paul Ebanga, president and CEO of CFM International. "They have been operating our engines for 30 years since they began flight operations and we are honored that they have entrusted their future fleet to CFM."

"Air Europa has always focused on operating state-of-the art equipment," said Gaël Meheust, vice president of sales for CFM parent company Safran Aircraft Engines. "The advanced technology in our LEAP-1B engine will not only provide a significant improvement in fuel efficiency, but bring the environmental benefits so important to their operations."

The LEAP-1B engine flew for the first time on the Boeing 737 MAX on January 29, 2016. Since then, three more aircraft have been added to the test program and, to date, these three airplanes have logged a combined total of more than 300 test flights, including completing high altitude flight testing in La Paz, Bolivia,

About Air Europa
Air Europa (aireuropa.com), the airline company of the Globalia tourism group, is a full member of the SkyTeam alliance. Last year it carried 10 million passengers, making it the second largest Spanish airline in this regard..

About CFM International
The LEAP engine is a product of CFM International (cfmaeroengines.com), a 50/50 joint company between GE and Safran Aircraft Engines. This engine has experienced the fastest order ramp up in commercial aviation history and the LEAP-1B engine had been selected to power 3,243 Boeing 737 MAX aircraft through June 2016. Overall, CFM has received orders for a total of more than 10,700 LEAP engines across all three models.

Contacts:
Jamie Jewell
P: +1 513-552-2790 / M: 513-.885-2282
E: jamie.jewell[.]ge.com.

Rick Kennedy
P: +1 513-243-3372 / M: 513-607-0609
E: rick.l.kennedy[.]ge.com.

 
 
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Written by / Agency / Source: Safran Group

 
 

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Air Europa Places $800 Million Order for CFM LEAP-1B Engines

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CFM LEAP-1B Engines | Air Europa
Publisher Contact: Giulia Lecarrié - Snecma.fr 
+33(0)1 69 87 09 29 / +33(0)6 42 40 17 19 giulia.lecarrie[.]safrangroup.com
 
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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.

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