Avolon has signed an order of 80 CFM International LEAP 1B engines for Avolon’s recent order of 40 Boeing 737 MAX aircraft. The new aircraft are scheduled for delivery between 2027 and 2030.
“We are pleased to partner with Avolon and grateful for their continued confidence in the LEAP engine,” said Gaël Méheust, president & Chief Executive, CFM International. “The LEAP-1B is doing incredibly well in commercial service. Every day, the LEAP product is delivering world-class fuel efficiency and utilization, fulfilling the commitment we made to customers.”
“We are delighted to continue our long-term standing relationship with CFM,” said Andy Cronin, Chief Executive, Avolon. “This commitment reinforces Avolon’s effort to increase the proportion of new-technology, fuel-efficient aircraft in our fleet, supported by the 737 MAX’s use of the latest LEAP-1B engines.”
Avolon, which has been a CFM customer since the company was launched in 2010, has a committed fleet of more than 400 CFM-powered aircraft in its portfolio.
According to CFM, advanced LEAP engine family has the fastest accumulations of flight hours in commercial aviation history, amassing more than 33 million engine flight hours and 15 million flight cycles. CFM also claims that LEAP provides 15 to 20% better fuel consumption and lower CO2 emissions, as well as a significant improvement in noise compared to previous generation engines.