Republic Airways Holdings has finalized its $2.0bn order for CFM International’s advanced LEAP-1A engines to power 20 Airbus A319neo and 60 Airbus A320neo aircraft. At the same time, the airline has signed a Rate per Flight Hour (RPFH) agreement with CFM to support a total of 172 LEAP-1A engines. Under the terms of the comprehensive services and support agreement, which is valued at approximately $3.9 billion over its 18-year term, CFM will guarantee engine maintenance costs on a dollar per engine flight hour basis.
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[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada