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Zhejiang Loong Air Signs Service Agreement for CFM LEAP-1A Engines - Was the Chinese launch customer for LEAP-1A - Snecma.com
Zhejiang Loong Air Signs Service Agreement for CFM LEAP-1A Engines

 

PRZOOM - /newswire/ - Le Bourget, Ile-de-France, France, 2015/06/15 - Was the Chinese launch customer for LEAP-1A - Snecma.com. PAR: SAF | SAFRAN

   
 
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China's Zhejiang Loong Airlines has signed a long-term Rate per Flight Hour (RPFH) agreement with CFM International to support its fleet of 20 LEAP-1A engines.

Under the terms of the 15-year agreement, which is valued at $333 million U.S., CFM will guarantee maintenance costs on a dollar per engine flight hour basis.

Zhejiang Loong Airlines, based in Hangzhou in Eastern China, began commercial operations in December 2013 with two CFM56-5B-powered Airbus A320 aircraft and has since added eight additional airplanes to its fleet.

"We are very pleased to expand our relationship with CFM," said Liu Qihong, chairman of Zhejiang Loong Airlines. "We chose the LEAP engine because of its fuel efficiency, which will not only keep our costs in check but also help production the environment with fewer emissions. We look forward to introducing it into our fleet."

"We are honored to continue our association with Loong Air," said Jean-Paul Ebanga, president and CEO of CFM International. "We believe that the LEAP engine will prove to be a great asset to their fleet and this agreement will help ensure the long-term value of that asset."

LEAP engines are designed to provide double-digit improvements in fuel consumption and CO2 emissions compared to today's best CFM engine, along with dramatic reductions in engine noise and emissions. All this technology brings with it CFM's legendary reliability and low maintenance costs.

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Jamie Jewell
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E: jamie.jewell[.]ge.com.

Rick Kennedy
P: 513-243-3372 / 513-607-0609
E: rick.l.kennedy[.]ge.com.


 
 
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Zhejiang Loong Air Signs Service Agreement for CFM LEAP-1A Engines

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CFM LEAP-1A Engines | Zhejiang Loong Airlines
Contact: Giulia Lecarrié - Snecma.fr 
+33(0)1 69 87 09 29 / +33(0)6 42 40 17 19 giulia.lecarrie[.]snecma.fr
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Safran Group securities in any jurisdiction including any other companies listed or named in this release.

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