SMBC Aviation Capital Orders 10 More LEAP-1A Engines

Aircraft lessor SMBC Aviation Capital has confirmed the purchase of an additional 10 CFM International LEAP-1A engines to power five A320neo aircraft.

Aircraft lessor SMBC Aviation Capital has confirmed the purchase of an additional 10 CFM International LEAP-1A engines to power five A320neo aircraft.

The Dublin-headquartered firm’s latest engine order is worth $140m at list price and follows an order for 60 of the next-generation engine type at the 2015 Paris Air Show.

The five A320neo aircraft are part of an order placed with Airbus in 2014.

Peter Barrett, CEO of SMBC Aviation Capital, said: “This engine is on track to deliver the reliability our customers have come to expect from CFM and we look forward to introducing it into our portfolio.”

The first LEAP-1A engine is scheduled to enter into service in mid-2016.

TAGS: Europe
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