China’s Zhejiang Loong Airlines has signed an agreement with CFM International to purchase LEAP-1A engines to power nine Airbus A320neo aircraft. CFM values the engine order at $260 million at list price, including spare engines. Zhejiang Loong Airlines, based in Hangzhou in Eastern China, began commercial operations in December 2013 with two CFM56-5B-powered Airbus A320 aircraft and has since added seven additional airplanes to its fleet. “We are very pleased to order the new LEAP engine for our A320neo aircraft,” said Liu Qihong, chairman of Zhejiang Loong Airlines. “We chose the LEAP engine because of its fuel efficiency, which will

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