IndiGo announced today that it has ordered CFM International LEAP-1A engines to power 280 Airbus A320neo and A321neo aircraft. The contract, which includes spare engines and an overhaul support agreement, is valued at more than $20 billion U.S. at list price. To support its new LEAP-1A fleet, IndiGo also signed a long-term Service Agreement.
IndiGo has been a CFM customer since 2016 and currently operates a fleet of 17 A320ceo aircraft powered by CFM56-5B engines as part of a total fleet of 215 A320/A321 family aircraft. Delivery of the first LEAP-1A-powered A320neo is scheduled in 2020.
"We are pleased to partner with CFM for our next batch of Airbus A320neo and A321neo aircraft,” said Riyaz Peermohamed, Chief Aircraft Acquisition and Financing Officer of IndiGo. “The CFM LEAP engine will allow IndiGo to maintain its strong focus on lowering operating costs and delivering fuel efficiency with high standards of reliability. This new partnership will allow IndiGo to continue to provide affordable fares to its customers."
“We are honoured by IndiGo’s renewed trust in CFM,” said Gaël Méheust, President and CEO of CFM International. “We believe they made the right choice by selecting the advanced LEAP engine for their A320neo family aircraft. It is our job now, by word and by deed, to show them every day that they have.”
“Since the LEAP entered into service in 2016, it has consistently delivered on every promise we made to our customers when we launched the program in 2008,” Méheust continued. “We are fully committed to helping IndiGo optimize its operations by providing them with the industry-leading asset utilization, fuel efficiency, and overall cost of ownership.”