The Qantas Group has finalized its order for CFM International’s advanced LEAP-1A engine to power 78 Airbus A320neo aircraft currently on order. The first aircraft are scheduled for delivery in 2016 and will support Jetstar-branded airlines, the low-fare subsidiary created by the Qantas Group. The engine order, originally announced as a commitment in 2012, has a value of $2.0 billion U.S. at list price, including spare engines. This is included in Qantas’ existing capital expenditure forecasts. CEO of the Qantas Group, Alan Joyce, said the LEAP engine had been chosen for its performance, fuel efficiency and maintenance program. “We have

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