Vietjet places $3 billion CFM LEAP-1B engine order
- Deliveries are scheduled between 2019 and 2023
- Expands CFM fleet to more than 225 aircraft in service or on order
HANOI, Vietnam — 23 May 2016 — Vietnam's Vietjet today announced it has ordered CFM International's LEAP-1B engine to power 100 Boeing 737 MAX aircraft announced earlier today. The agreement is valued at $3 billion U.S. at list price, including spare engines.
Based in Ho Chi Minh City, Vietjet has been a CFM customer since it commenced operations in late 2011 with CFM56-powered aircraft and currently operates a fleet of 35 airplanes.
"It has been a real privilege to work with Vietjet with the CFM56 fleet and we are excited to bring the value of the LEAP engine to their operations," said Jean-Paul Ebanga, president and CEO of CFM International. "In a very short time, the team has established it as the fastest-growing airline in the region, and we believe they are just getting started. We are honored to be part of this dynamic team and look forward to a very long relationship together."
"We are thrilled to take our relationship with VietJetAir to the next level," said Gaël Meheust, vice president of sales for CFM International. "We are really looking forward to partnering with them as they introduce the advanced LEAP engine into their fleet and continue to build their brand in the region."
Vietjet is the first airline in Vietnam to operate as a new-age airline with low-cost and diversified services to meet customers' demands. It provides not only transport services but also uses the latest e-commerce technologies to offer various products and services for consumers. The airline recently won IOSA Certification from the International Air Transport Association (IATA) after just over three years of operations. Vietjet was also declared "Best Asian Low Cost Carrier" at the TTG Travel Awards 2015, which compiles votes from travelers, travel agencies and tour operators in Asia. The airline was also rated as one of the top three fastest growing airline brands on Facebook in the world by Socialbakers and the most favorite airline in Vietnam in 2015.
Currently, the airline boasts a fleet of 36 aircraft, including A320s and A321s, and operates 250 flights each day. It has already opened 50 routes in Vietnam and across the region to international destinations such as Thailand, Singapore, South Korea, Taiwan, China, Myanmar and Malaysia. It has carried more than 20 million passengers to date.
About CFM International
The CFM56 and LEAP engines are products of CFM International, a 50/50 joint company between Snecma (Safran) and GE. CFM is the world's leading supplier of commercial aircraft engines, with more than 27,200 delivered as of December 31, 2014 to more than 530 operators around the globe. The company CFM officially launched the LEAP engine, which is its first all-new centerline engine in nearly 40 years, in 2008.
The LEAP engine promises to bring double-digit improvements in fuel efficiency, emissions and noise, while the legendary reliability and low cost of ownership of its predecessor, the ubiquitous maintaining CFM56 engine family. The LEAP-1A is an engine as an option on the A320neo family; and the LEAP-1C engine is the sole Western powerplant for the COMAC C919; and the LEAP-1B is the sole powerplant for Boeing's new 737 MAX. For more information, visit us at www.cfmaeroengines.com or follow us on Twitter @CFM_engines.