Hong Kong-based China Aircraft Leasing Company (CALC) has announced its selection of CFM56-5B engines to power 25 new Airbus A320 family aircraft. The firm engine order is valued at $500 million U.S. at list price and deliveries are scheduled between 2014 and 2016. The aircraft are part of CALC’s first-ever new aircraft order; the company announced an agreement with Airbus for 36 A320 family aircraft in 2012. “CFM56 engines have an outstanding reputation in the industry and we are pleased that they will power the majority of our first new aircraft buy,” said Dr. Poon, CEO of CALC. “Our customers

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