Thursday, July 20, 2023

After mega aircraft order, Air India places large order for 800 jet engines with CFM in July

In a move that seems to have become a hallmark of Air India under CEO Campbell Wilson, the national flag carrier again left the industry surprised after it finalised a record order for 800 jet engines with CFM, the Franco-American joint venture between Safran Aircraft Engines and GE Thursday.

As part of the announcement, which comes nearly five months after inking the historic deal for 470 Airbus and Boeing aircraft, the high-bypass turbofan LEAP engine produced by the JV will power Air India’s new fleet of 210 Airbus A320neo/A321neos and 190 Boeing 737 MAX family aircraft.

“We are delighted to celebrate with CFM a major deal that will play a key role in our future development,” a CFM statement quoted Air India CEO Wilson as saying.

“The introduction on a greater scale of the LEAP engine as well as our services agreement will help us to optimise our operations in terms of environmental footprint and operational cost while benefiting our customers,” he added.

The terms of the agreement inked by the companies are inclusive of a multi-year service agreement for the LEAP engines.

Terming the deal “a major milestone in CFM history” the president & CEO of CFM International, Gaël Méheust, said, “This order strengthens our presence in India and commits us to further support Air India’s development with the best CFM standards in terms of reliability, efficiency and customer support.”

Historically, Air India has been a CFM customer since 2002, when the airline began operating Airbus A320ceo aircraft powered by CFM56-5B engines. In 2017, Air India began operating A320neos, becoming the first LEAP-1A-powered operator in India.

The airline currently has 27 LEAP-1A-powered A320neo family aircraft in its fleet.

20/07/2023 Manish Pant/Business Today

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