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AirAsia in $8.6bn engine deal to power Airbuses

Published: 20 Jun 2013 - 10:04 am | Last Updated: 31 Jan 2022 - 05:02 pm

KUALA LUMPUR: Fast-growing budget carrier AirAsia said Thursday, it had ordered 100 engines worth $8.6 billion from manufacturer CFM International to power Airbus A320 airliners ordered last year.
 
The deal inked Wednesday in France includes 64 new LEAP-1A engines for fuel-efficient A320neo jets, the Malaysia-based carrier said in a statement.
 
Asia's largest budget carrier by fleet size said the order also includes a 20-year service agreement.
 
CFM, a joint venture between GE Aviation of the United States, and France's Safran says the LEAP engines provide up to 15 percent better fuel efficiency. 
 
AirAsia ordered 100 A320s for $9.3 billion in December.
 
Airbus said at the time that the deal made AirAsia the biggest customer for single-aisle A320 airliners in the world, with a total of 475.
 
The airline serves about 70 destinations in 20 countries across Asia. (AFP)