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CIT Group and AirAsia opt for CFM-engines to power new order of airplaines

CIT Group announced an order for 30 Boeing 737 MAX 8 airplanes powered by CFM International’s advanced LEAP-1B engine. The engine order is valued at $760m at list price.

AirAsia has ordered additional CFM LEAP-1A engines and CFM56-5B engines to power the 100 Airbus A320 aircraft it ordered in a deal announced last December and signed a comprehensive long-term service agreement to support its fleet. The order, which comprises LEAP-1A engines to power 64 A32neos and CFM56-5B engines to power 36 A320ceo aircraft along with 5 CFM-56B spare engines and 9 LEAP-1A spare engines, is valued at $8.6bn at list price, including a 20-year RPFH (Rate per Flight Hour) agreement, under the terms of which CFM will guarantee maintenance costs on a dollar per engine flight hour basis.

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