Jazeera Airways signs US$1.3 billion LEAP-1A engine services agreement

Jazeera Airways has signed a long-term Rate Per Flight Hour (RPFH) agreement with CFM International to support the LEAP-1A engines that power the airline’s fleet of 20 Airbus A320neo aircraft. The agreement, which is valued at approximately US$1.3 billion U.S. at list price, also covers five spare engines.

RPFH agreements are part of CFM’s portfolio of flexible engine service support packages. Under the terms of the agreement, CFM Services guarantees maintenance costs for Jazeera’s LEAP-1A engines on a dollar per engine-flight-hour basis.

Jazeera Airways became the first LEAP-1A-powered A320neo operator in the Middle East in May 2018 and currently operates four A320neo aircraft. The fleet has since logged more than 6,000 flight hours. The airline also operates nine CFM56-5B-powered A320ceo aircraft.