Spring Airlines finalizes Leap-1A engine order

CFM International has finalized the agreement with Spring Airlines for the purchase of 120 LEAP-1A engines to power 60 Airbus A320neo aircraft. The agreement was signed in conjunction with French President Emmanuel Macron’s visit to China. In addition, the airline signed a 10-year Rate for Flight Hour agreement, under the terms of which CFM will support the entire fleet on a dollar per flight hour basis. The total value of the agreement is US$2.9bn. The engine order was previously announced at the 2017 Paris Air Show.