Viva Air selects CFM to power new fleet in US$3.2 billion order

©CFM Leap Engine

Viva Air and CFM International have finalized the airline’s selection of CFM engines to power its new fleet of Airbus A320 aircraft.

The order, which is valued at US$3.2 billion at list price, includes LEAP-1A new engines to power 35 A320neo aircraft, CFM56-5B new engines to power 15 A320ceo aircraft, and an aftermarket support contract for the LEAP-1A engines. Deliveries of the A320ceo aircraft began in 2018; the first A320neo is schedule for delivery in 2020.

To support its A320neo fleet, Viva Air also signed a Rate Per Flight Hour (RPFH) agreement with CFM Services.  RPFH agreements are part of CFM’s portfolio of flexible aftermarket support offerings.  Throughout the term of the 12-year agreement, CFM guarantees maintenance costs for the airlines 70 LEAP-1A engines on a dollar per engine flight hour basis.

Viva Air is a pioneer group of low-cost airlines based in Colombia and Peru, created by Irelandia Aviation, developer leader of low-cost airlines worldwide. Operates national and international flights in more than 21 destinations and in 2019 will carry 7.5 million passengers.

Email Post to a Friend Email Post to a Friend