CFM signs RPFH agreement with Colorful Guizhou Airlines

In conjunction with French President Emmanuel Macron’s state visit to China, Colorful Guizhou Airlines has finalized a 12-year Rate-Per-Flight-Hour (RPFH) Agreement for the LEAP-1A engines that will power the airline’s future fleet of up to 35 Airbus A320neo aircraft, along with five spare engines.  The agreement is valued at approximately $1.0 billion at list price.  Gaël Méheust, president and CEO of CFM International, commented: “We are honoured to further expand our relationship with Colorful Guizhou Airlines. Our relationship with the Chinese aviation industry goes back nearly 35 years and these new agreement further strengthen these very important ties.”