Newsletter Subscription


Friday, July 28, 2017


ALC expands CFM LEAP-1A fleet with $725 M order

  • Doubles total LEAP-1A order.
  • Has purchased both LEAP-1A and LEAP-1B models.

Air Lease Corporation (NYSE: AL) today announced that it has selected CFM International's advanced LEAP-1A engine to power 25 additional Airbus A320neo family aircraft  CFM values the order at $725 million U.S. at list price.  The aircraft were originally announced in 2015 are scheduled for delivery between 2019 and 2022.

"We have been very impressed by what we have seen the LEAP-1A engine do in airline service," said Steven F. Udvar-Házy, Air Lease Corporation's Chairman and Chief Executive Officer. "The fuel efficiency, asset utilization, and world-class reliability are going to make it a big asset in our portfolio."


Related Research on ASDReports.com:
The Global Military Aircraft Engines Market 2017-2027

"This order represents a big vote of confidence from ALC and we are delighted that they have chosen to further expand their LEAP fleet," said Gaël Méheust, president and CEO of CFM International.  "The LEAP-1A has been doing phenomenally well in commercial service and we believe that follow-on order such as this one reflect the level of confidence the industry has in this product."

Source : Safran S.A. (Paris: SAF.PA) - view original press release

Published on ASDNews: Jun 21, 2017

 

Airborne ISR Conference

Oct 25 - 26, 2017 - London, United Kingdom

Register More info


Interactive Export Controls Workshop

Sep 12 - 13, 2017 - Washington, United States

Register More info


ITAR/EAR Boot Camp-2 days Seminar

Jan 24 - 25, 2018 - Orlando, United States

Register More info


© 2004-2017 • ASDNews • be the first to know • contact usterms & conditionsprivacy policyadvertisingfaqs

zpsk