Air Arabia, the first and largest low-cost operator in the Middle East and North Africa, has announced an order for 240 CFM LEAP-1A engines to power its new fleet of 120 A320neo aircraft, including the brand-new A321XLR.
The agreement, which was signed at the Dubai Airshow 2023, includes a multi-year service contract and spare engines.
The LEAP-1A engines will power Air Arabia's fleet of 120 A320neo Family aircraft, comprising 73 A320neo, 27 A321neo and 20 A321XLR, scheduled for delivery in 2025.
Air Arabia became a CFM customer in 2003, when it launched operations with a CFM56-5B-powered Airbus A320. The airline currently operates a fleet of 71 A320ceo and A321neo-LR aircraft.
' This engine order marks an important milestone in Air Arabia's journey of growth and progress ' said Adel Al Ali, Chief Executive Officer of Air Arabia Group.
' The efficiency and performance of CFM engines will play a crucial role in our fleet expansion strategy, which aims in particular to optimize our fuel consumption and minimize our environmental footprint. '
Copyright (c) 2023 CercleFinance.com. All rights reserved.
Safran is a high technology international group, a leading equipment provider in the Aerospace and Defense markets. The group specializes in the design, manufacturing, and marketing of equipment and systems of high technology mechanical and electronic equipment. Net sales break down by product family as follows:
- aeronautic and space propulsion systems (51.2%): helicopter motors (No. 1 worldwide), civil and military airplanes motors, systems for space lancers and missiles, turboreactors for drone targets, etc.;
- aircraft equipment, defense systems and aerosystems (38%): airplane engine pods, landing gear, braking systems, electric wiring systems, etc. Safran also offers on board aircraft systems and equipment (primarily evacuation slides, emergency arresting systems, protective parachutes and oxygen systems, electrical power management systems, control systems, water and waste management systems and connectivity systems) and defense and security systems (helicopter flight controls, fingerprint-based biometric identification systems (No. 1 worldwide), inertial systems, optronic systems, tactical drone systems, etc.);
- aircraft interiors (10.7%): cabin interiors and seats;
- other (0.1%).
Net sales are distributed geographically as follows: France (19.4%), Europe (24%), the Americas (34.8%), Asia and Oceania (13.2%), Africa and the Middle East (8.6%).