Spring Airlines Finalizes LEAP-1A Engine Order; Signs Long-Term Services Agreement to Support Fleet

Jan. 10, 2018
Spring Airlines signed a 10-year Rate for Flight Hour agreement, under the terms of which CFM will support the entire fleet on a dollar per flight hour basis. The total value of the agreement is $2.9 billion.

WEST CHESTR, Ohio – 9 January 2017 – CFM International is pleased to announce that is has finalized the agreement with Spring Airlines for the purchase of 120 LEAP-1A engines to power 60 Airbus A320neo aircraft.

The agreement was signed in conjunction with French President Emmanuel Macron’s visit to  China.

In addition, the airline signed a 10-year Rate for Flight Hour agreement, under the terms of which CFM will support the entire fleet on a dollar per flight hour basis.

The total value of the agreement is $2.9 billion.  The engine order was previously announced at the 2017 Paris Air Show.