SpiceJet finalises LEAP-1B engine order

Eleanor Steed
By Eleanor Steed March 12, 2018 16:16

SpiceJet finalises LEAP-1B engine order

SpiceJet has finalised a $12.5 billion purchase of LEAP-1B engines to power a total of 155 Boeing 737 MAX airplanes, along with spare engines to support the fleet.

The airline also signed a 10-year Rate per Flight Hour (RPFH) agreement with CFM Services that covers all LEAP-1B engines powering SpiceJet’s 737 MAX airplanes.  Under the terms of the agreement, CFM guarantees maintenance costs for all SpiceJet’s LEAP-1B engines on a pay -by-the-hour basis.

“We are looking forward to introducing the new LEAP-1B into our fleet,” said Ajay Singh, Chairman and Managing Director, SpiceJet. “The CFM56 engines we currently operate have been a highly valued asset for us over the years.  From what we have seen so far, the LEAP-1B is living up to its promises for efficiency and reliability.  We hope they provide us unmatched service reliability while keeping our costs in check to ensure profitable operations.”

Eleanor Steed
By Eleanor Steed March 12, 2018 16:16