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AirAsia places $2.7 billion CFM LEAP engine order to power new Airbus A321neo aircraft

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AirAsia places $2.7 billion CFM LEAP engine order to power new Airbus A321neo aircraft
AirAsia has ordered 200 additional CFM International LEAP-1A engines to power 100 new Airbus A321neo announced.  The order, which expands its LEAP engine fleet to nearly 730 engines, is valued at $2.7 billion at list price.
“This order for the larger A321neo is an important element in our long-term growth and expansion strategy,” said Tan Sri Tony Fernandes, chief Executive Officer of AirAsia Group.   “Choosing the right engine to power them is critical to the success of that strategy.  For us, the LEAP-1A was the obvious choice.  This engine has demonstrated the promised 15 percent fuel efficiency and we are quite familiar with the reliability inherent in CFM products and the impact that this has on our operations.”