CFM International Finalizes Order for 26 LEAP Engines With Vistara
October 17 2019 - 9:21AM
Dow Jones News
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.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
October 17, 2019 09:06 ET (13:06 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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