Chinese airline Air Travel has agreed a 12-year LEAP-1A engine rate per flight hour (RPFH) contract with CFM International.
The agreement includes the purchase of LEAP-1A spare engines and is valued at US$992 million at list price. In a RPFH contract, CFM Services guarantees maintenance costs for an airline’s LEAP-1A engines on a dollar per engine flight hour basis.
Air Travel’s fleet is 100 per cent powered by CFM engines. The airline operates a fleet of 16 A320s, with an average age of about three years.
“The high reliability and outstanding fuel efficiency of LEAP-1A engine provides a strong guarantee for us to cope with the challenges that are arising in the post-epidemic era and ensure our smooth operation,” said Air Travel’s CEO Zhang Junsuo. “This is critical to Air Travel since we have just completed successful transformation. We believe that with the professional support of CFM International, Air Travel will create a safer, smoother, and more comfortable flight experience for more customers.”
CFM International Greater China’s president Weiming Xiang commented: “Air Travel has established a solid partnership with CFM from the beginning. In 2018, Air Travel initially purchased LEAP-1A engines for its 12 newly purchased A320neo aircraft. After transforming into the first local airline in Hunan, Air Travel selected LEAP-1A engine again for additional A320neo aircraft. The RPFH agreement signed today further expands and deepens the cooperative partnership between our two sides, and jointly contributes to the long-term prosperity and development of China’s civil aviation industry.”
The agreement was signed at the 13th China International Aviation and Aerospace Exhibition.