Cathay Pacific and CFM International
have concluded an order for the advanced LEAP-1A engine,
which will be used to power the groups
32 new Airbus A321neo
aircraft.
The engine order is valued at nearly US$1 billion at
list price, with delivery scheduled from 2020.
The aircraft
are intended to be operated by Cathay Dragon, the regional carrier
of the group, to replace and modernise its existing single-aisle
fleet of 23 aircraft, comprising 15 A320s and eight A321s, while
supporting the airlines continued expansion in the Asia Pacific
region.
Cathay has also signed a long-term Rate per
Flight Hour (RPFH) maintenance agreement with CFM that guarantees maintenance
costs on a dollar per engine flight hour basis.
President and CEO of CFM International Gal Mheust,
said, We are obviously thrilled that Cathay Pacific has selected
the LEAP-1A engine to power its new A321neo aircraft. Although the
CFM56-5C engines powered Cathay Pacifics Airbus A340 aircraft for
20 years before the aircrafts retirement earlier this year, this
is the first time the airline has selected CFM engines for
single-aisle aircraft. We appreciate the trust they have placed in
us and look forward to bringing all of the benefits of the LEAP-1A
engines to this new fleet.
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