STARLUX, CFM conclude long-term LEAP-1A service agreement

• Support for leased fleet
• Adds LEAP-1A spare engine

FARNBOROUGH, England — 17 July 2018 — STARLUX and CFM International concluded a long-term service agreement to support the airline's fleet of leased Airbus A321neo aircraft powered by the advanced LEAP-1A engine.  The agreement, which includes the purchase of one spare engine, is valued at $220 million U.S.

Under the terms of the 12-year Rate per Flight Hour (RPFH) agreement, CFM Services provides maintenance on a dollar per flight hour basis for all LEAP-1A engines powering STARLUX's fleet of 10 A321neo aircraft.  RPFH agreements are part of CFM's portfolio of flexible aftermarket support offerings.

"We are looking forward to introducing the new LEAP-1A into our fleet," said K.W Chang, Chairman & Founder, STARLUX. "One of the main challenges we face is to become one of the best airlines around the world, and we know that to achieve this we must strengthen our operation with this type of reliable engine to enhance efficiency and safety. We believe CFM provides us unmatched service while keeping our costs in check to ensure profitable operations."

"We are deeply honored that STARLUX has placed its trust in CFM," said Gaël Méheust, president & CEO of CFM International.  "It has been exciting to watch the formation of this new airline and we believe it has a very bright future.  We are proud to be such a big part of the start of this journey with STARLUX and we look forward to working closely with them to introduce the new LEAP engine into their fleet."

About STARLUX Airlines

Founded by Chang Kuo-wei, a certified Boeing 777 captain and former chairman of EVA Air, STARLUX plans to begin scheduled international services from Taipei starting in 2020. With A321neos flying the initial routes from Taipei to southeast and northeast Asian destinations, the STARLUX fleet is expected to reach 27 aircraft by the end of 2024 and to serve more than 20 destinations in Asia and North America. The airline anticipates gradually expanding its network as the fleet grows, providing best-in-class luxury travel for passengers worldwide.

About CFM International

The LEAP engine is a product of CFM International, a 50/50 joint company between GE and Safran Aircraft Engines.  This engine has experienced the fastest order ramp up in commercial aviation history with more than 15,450 engines ordered to date.  For more information, visit us at www.cfmaeroengines.com or follow us on Twitter @CFM_engines.

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