CFM International has inked a 15-year Rate per Flight Hour agreement with China’s Zhejiang Loong Airlines to support its fleet of 20 LEAP-1A engines. The agreement, which is valued at $333 million, CFM will guarantee maintenance costs on a dollar per engine flight hour basis. China’s Zhejiang Loong Airlines also signed a 12-year agreement with CFM to support its fleet of CFM56-5B engines. Pratt & Whitney has signed a MOU with Azul for a Fleet Management Program supporting ...

Subscribe to Access this Entire Article

"Paris Air Show Engine News-June 15, 2015" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.