Will Lease Additional LEAP-Powered Aircraft
Al-Qahtani Aviation, parent company of SaudiGulf Airlines, and CFM International has 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.