Air Europa places $800 million order for CFM LEAP-1B engines

Air Europe has ordered CFM International’s LEAP-1B engine to power 20 Boeing 737 MAX aircraft ordered earlier this week.  The engine order is valued at more than $800 million at list price, including a maintenance agreement. The aircraft order was previously listed as an unidentified customer with Boeing. Under the terms of the 12-year Rate Per Flight Hour (RPFH) service agreement, CFM will guarantee engine maintenance costs on a dollar per engine flight hour basis. “The reliability of the CFM56 engines in our fleet has been a big factor in our ongoing success,” said Juan José Hidalgo, chairman and CEO