26.06.2017, 12:23
VEB-Leasing signs US$ 1.2 billion worth in agreements with CFM for the order of CFM LEAP engines
OREANDA-NEWS. The VEB-Leasing company (VEB Group) is announcing an order for CFM International LEAP-1A engines for 20 new Airbus A320neo/A321neo aircraft with deliveries set to begin in 2019. Also, VEB-Leasing has a standing order for 22 new Boeing 737MAX aircraft powered by CFM International LEAP-1B engines with deliveries planned for 2018.
All operators across the globe are considered by the company as potential customers for the above-mentioned Boeing- and Airbus-manufactured aircraft, with the expansion of its presence being strategically important.
CFM estimates the deal under the two agreements at more than US$ 1.2 billion in catalogue prices.
«We are very glad about the prospect of getting LEAP engines in the leasing portfolio of our company,» said Yuri Gaichenya, VEB-Leasing Deputy General Director. «The LEAP engines have an exceptional reputation for their serviceability and we believe that they will become a real asset for us and our customers.»
«We are pleased to see VEB-Leasing as our first purchaser of the LEAP-1A engine from Russia,» said Ga?l M?heust, CFM International Chief Executive Officer. «We appreciate the customers’ confidence in the LEAP product line and look forward to the expansion of our cooperation.»
The LEAP-1A engine went into commercial operation in August 2016. It dramatically improves fuel efficiency, significantly cuts CO2 emissions, lowers noise levels and reduces the NOx discharge. The LEAP -1B engine was released in May 2017. Today, the fleet of in-service engines has made over 77 thousand flight cycles, scoring more than 145,000 hours of flying time.
All operators across the globe are considered by the company as potential customers for the above-mentioned Boeing- and Airbus-manufactured aircraft, with the expansion of its presence being strategically important.
CFM estimates the deal under the two agreements at more than US$ 1.2 billion in catalogue prices.
«We are very glad about the prospect of getting LEAP engines in the leasing portfolio of our company,» said Yuri Gaichenya, VEB-Leasing Deputy General Director. «The LEAP engines have an exceptional reputation for their serviceability and we believe that they will become a real asset for us and our customers.»
«We are pleased to see VEB-Leasing as our first purchaser of the LEAP-1A engine from Russia,» said Ga?l M?heust, CFM International Chief Executive Officer. «We appreciate the customers’ confidence in the LEAP product line and look forward to the expansion of our cooperation.»
The LEAP-1A engine went into commercial operation in August 2016. It dramatically improves fuel efficiency, significantly cuts CO2 emissions, lowers noise levels and reduces the NOx discharge. The LEAP -1B engine was released in May 2017. Today, the fleet of in-service engines has made over 77 thousand flight cycles, scoring more than 145,000 hours of flying time.
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