China’s CDB Leasing places US$1.26bn CFM LEAP-1A engine order

CDB Leasing has selected CFM LEAP-1A engines to power its first batch of next generation single-aisle aircraft orders. The firm engine order is valued at US$1.26bn at list price and deliveries are scheduled between 2018 and 2021. The LEAP-1A engine entered commercial service on August 2, 2016. A total of 10 aircraft have been delivered to date and the in-service fleet has logged nearly 3,000 flights to date. The engine is delivering the promised 15% improvement in fuel efficiency, along with an equivalent reduction in CO2 emissions, a 50% margin to new emissions regulations, a dramatically lower noise signature and CFM’s leading reliability and low overall operating costs.