SpiceJet and CFM sign US$12.5bn engine/services deal

SpiceJet and CFM International have signed a US$12.5bn agreement that finalizes the purchase of LEAP-1B engines to power a total of 155 Boeing 737 MAX airplanes, along with spare engines to support the fleet.

The airline also signed a 10-year Rate per Flight Hour (RPFH) agreement with CFM Services that covers all LEAP-1B engines powering SpiceJet’s 737 MAX airplanes.

RPFH agreements are part of CFM’s portfolio of flexible aftermarket support offerings. Under the terms of the agreement, CFM guarantees maintenance costs for all SpiceJet’s LEAP-1B engines on a pay -by-the-hour basis.

SpiceJet, a long-time CFM customer, currently operates a fleet of 38 CFM56-7B-powered Boeing Next Generation 737 family aircraft.

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