AERO TRADING GROUP Corp

Saudi Arabian Airlines and CFM sign Leap-1A engine purchase and multi-year services agreement

Saudi Arabian Airlines and CFM sign Leap-1A engine purchase and multi-year services agreement During the visit of the President of France M. Emmanuel Macron in the Kingdom of Saudi Arabia, Saudi Arabian Airlines Corporation announced that it has ordered CFM International LEAP-1A engines to power its new fleet of 35 Airbus A321neo and 30 A320neo aircraft. This agreement, which also includes a Rate-Per-Flight-Hour (RPFH) services contract to cover engines from this new order as well as an additional 20 leased A320neo aircraft, is valued at approximately $8.5 billion US at list price. Based in Jeddah, Saudi Arabian Airlines operates 61 CFM56-5B-powered Airbus A320ceo aircraft, and SAUDIA Group’s its low-cost subsidiary, flyadeal, operates 11

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