20 July, 2018: China Aircraft Leasing Company (CALC), a full aircraft value-chain solutions provider based in Hong Kong has selected CFM International’s advanced LEAP-1A engine to power 17 firm and up to 50 option new Airbus A320neo family aircraft.
Additionally, CALC finalised an order for CFM56-5B engines to power three firm, nine option Airbus A320ceo aircraft. These two agreements are valued at $550 million US at list price.
“CALC is the largest independent leasing company in Asia and we are proud to be working with them,” said Gaël Méheust, President and CEO of CFM International. “The LEAP-1A is performing exceptionally well and our airline customers really appreciate the benefits this engine brings to their operations. As a company that focuses on providing modern, fuel efficient and reliable aircraft to its customers, we believe CALC will find the LEAP-1A to be an invaluable part of its portfolio over the long term.”