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Akasa will buy more than 300 CFM engines worth $5 billion

New Delhi: Following the order for an additional 150 Boeing 737 Max placed last week, Akasa Air made an announcement on Friday agreement To Purchase More than 300 CFM LEAP-1B engines worth more than $5 billion at list price to power those aircraft. It is the only engine option for b737 max Unlike the Airbus A320 family of aircraft, which have two engine options – Pratt & Whitney GTF and CFM’s LEAP-1A.
During the state visit of French President Emmanuel Macron to India, Akasa signed the agreement with CFM International, a 50:50 joint venture between France’s Safran Aircraft Engines and General Electric. The agreement also includes additional engines and a service contract.
Vinay Dubey, Founder and CEO of Akasa, said: “This long-term agreement is a testament to CFM International’s confidence in Akasa Air. Continuing to partner with CFM as our engine maintenance provider not only reaffirms our focus on operational reliability but also “Equally underlines Akasa Air.” Constant pursuit of safety.” Dubey said, “With CFM as our long-term engine maintenance provider, we are confident on our way to becoming one of the world’s top 30 leading airlines by the end of this decade.” Prior to the order, Akasa had ordered 76 B737 MAX, of which 22 are currently in service.
The latest Akasa order expands CFM’s footprint in India, with over 400 CFM-powered aircraft in service and 2,500 Leap engines in the backlog. GE Aerospace and Safran Aircraft Engines, both parent companies of CFM, signed strategic partnerships with Indian aerospace companies as part of the “Make in India” policy to build dedicated state of the art facilities for LEAP production and maintenance in India. Have invested.



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