Air Europe has ordered CFM International’s LEAP-1B engine to power 20 Boeing 737 MAX aircraft ordered earlier this week. The engine order is valued at more than $800 million at list price, including a maintenance agreement. The aircraft order was previously listed as an unidentified customer with Boeing.
Under the terms of the 12-year Rate Per Flight Hour (RPFH) service agreement, CFM will guarantee engine maintenance costs on a dollar per engine flight hour basis.
“The reliability of the CFM56 engines in our fleet has been a big factor in our ongoing success,” said Juan José Hidalgo, chairman and CEO of Air Europa. “We think the LEAP-1B will further support our long-term growth strategy by providing better fuel efficiency with the level of quality and world-class support we have come to expect from CFM.”
Air Europa, headquartered in Palma de Mallorca, Spain, is a long-time CFM customer and currently operates a fleet of 20 CFM56-7B-powered Boeing Next-Generation 737 aircraft.