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By Olivia Bugault
CFM International, the 50-50 joint venture between France's Safran SA (SAF.FR) and General Electric Co. (GE), said Thursday that it has finalized an order for 26 LEAP engines with Indian airline Vistara.
CFM International will provide 26 LEAP-1A engines to power 13 of Airbus SE (AIR.FR)'s A320neo jets for Vistara, a joint venture between Tata Group's holding company Tata Sons Ltd. and Singapore Airlines Ltd. (C6L.SG).
"Alongside this engine order, Vistara signed a long-term rate per flight hour agreement for the maintenance of the 120 LEAP-1A engines that power 60 Airbus A320neo and A321neo aircraft in service or in order," CFM said.
It didn't disclose the financial details of the deal.
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(END) Dow Jones Newswires
October 17, 2019 09:06 ET (13:06 GMT)
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