Asiana Airlines today announced that is has selected CFM International's LEAP-1A engine to power 25 A321neo (new engine option). The value of the order is $950 million U.S. at list price, including spare engines and a long-term support agreement. The aircraft order was announced in 2015.
To support the fleet, the airline signed a long-term Rate Per Flight Hour (RPFH) agreement under the terms of which CFM will provide maintenance support for the all of the LEAP-1A engines in Asiana's fleet on a dollar per engine flight hour basis.
Based in Seoul, Korea, Asiana Airlines has been a CFM customer since it commenced operations in 1988 with CFM56-3 powered Boeing 737 Classic aircraft.
"I believe that LEAP engine will deliver significant benefits to Asiana‘s A321neo fleet with its efficient and reliable operation. Also, our selection of the LEAP engine will be another great milestone to strengthen our important relationship with CFM International," said Mr. Soo Cheon Kim, president, Asiana Airlines.
"It is exciting to be part of such a dynamic team," said Jean-Paul Ebanga, president and CEO of CFM International. "The engine selection and management teams have done an outstanding job. It is a real privilege to see, first hand, the success Asiana Airlines continues to achieve. "
The LEAP-1A engine is on track for entry into service in mid-2016 and will provide operators with a 15 percent improvement in fuel efficiency, with an equivalent reduction in CO2 emissions; a 50 percent margin to new emissions regulations; a dramatically lower noise signature; and CFM's industry-leading reliability and low overall operating costs.
Source: Safran S.A. (Paris: SAF.PA)
Date: Jul 11, 2016