Qingdao Airlines Places $100 million order with CFM
- Expands CFM56-5B-powered fleet
SINGAPORE — 16 February 2016 — Qingdao Airlines has selected CFM International's CFM56-5B engine to power five purchased Airbus A320ceo aircraft. The order is valued at $100 million U.S. at list price. The airplane order was announced in September 2013 and the airline will begin taking delivery later this year.
To support its fleet, the airline has also signed a 12-year Materials Services Agreement.
"We are very pleased to expand our relationship with Qingdao Airlines. This airline has accomplished a great deal in the two years it has been operational and we are excited to be part of this dynamic team" said Jean-Paul Ebanga, president and CEO of CFM International.
Qingdao Airlines, which is owned by Nanshan Group, is based in the Eastern Chinese coastal city of Qingdao, Shandong Province. The airline took delivery of its first leased A320ceo powered by CFM56 engines in April 2014 and currently operates a fleet of nine aircraft on routes to five destinations throughout China. .
The CFM56-5B is the engine of choice for the Airbus A320ceo (current engine option) family and is popular with major airlines, low-cost carriers, and leasing companies alike, having been selected to power 55 percent of all aircraft currently in service or on order. Almost 7,200 CFM56-5B engines have been delivered to date to operators around the globe. Primary factors behind the engine's broad-based market acceptance include this industry's best reliability, durability, low cost of ownership, and world-class customer and product support.
About CFM International
CFM56 engines are a product of CFM International is a 50/50 joint company between Snecma (Safran) and GE and the world's largest supplier of commercial aircraft engines. To date, more than 29,000 CFM56 engines have been delivered to operators around the globe. This fleet has achieved more than 790 million flight hours as the most reliable engines in the air.
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.