Forecast International

BAHRAIN -- Al-Qahtani Aviation, parent company of SaudiGulf Airlines, and CFM International have signed a purchase agreement for LEAP-1A engines to power 10 firm, 10 option A320neo family aircraft that are scheduled to begin delivery in 2023. The value of the agreement, which includes the firm engine order and a long-term service agreement, is more than $1.0 billion U.S. at list price.

The airline is also leasing an additional 20 LEAP-powered A320neo aircraft and plans to take its first aircraft in 2020.

To support the entire fleet, including the leased aircraft, the airline has also signed a 12-year Rate per Flight Hour agreement under the terms of which CFM will provide maintenance support on a dollar per flight hour basis.

Source: CFM International
Associated URL: https://www.cfmaeroengines.com/press-articles/saudigulf-airlines-selected-cfm-leap-1a-power-new-a320neo-family-aircraft/

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