Transportation Partners, the leasing arm of Lion Group, and CFM International announced an order for 348 LEAP-1A engines to power 174 firm Airbus A320neo aircraft. The aircraft order was announced in March 2013.The value of the installed and spare engines is US$4.9bn at list price. CFM is providing project management and expert advice starting from design, construction and commissioning for Lion Group’s new engine maintenance and test cell facility, Batam Aero Technic (BAT) in Batam, Indonesia. When completed, the facility will have maintenance and overhaul capability for the CFM56 and LEAP engines in the airline’s fleet. CFM will also provide leadership and management training to the employees and affiliated companies.
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Transportation Partners selects LEAP-1A engines to power 174 A320neo aircraft
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