Indigo places jet engine order worth $20 billion with CFM International

The development sees Indigo moving away from Pratt & Whitney engines to CFM’s 1LEAP-1A engines.

IndiGo, India’s biggest airline stated, it has placed a $20 billion order for jet engines from CFM International.

The development is significant since it marks a shift away from Pratt & Whitney and toward its French-American rival.

CFM is owned by France’s Safran and General Electric. It’s 1LEAP-1A engines will power 280 A320neo and A321neo jetliners that are on order from Airbus.

Incidentally, IndiGo has placed orders for 430 Airbus planes from the A320neo family – of which the first 150 will be powered by Pratt & Whitney engines.

Although the Pratt engines fitted on the A320neo aircraft are fuel-efficient, they have been consistently dogged with issues since they entered into service in 2016 which forced IndiGo to ground the planes several times.

“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,” said Riyaz Peermohamed, Chief Aircraft Acquisition and Financing Officer at IndiGo, in a statement.

According to Indigo, the delivery of the first LEAP-1A-powered A320neo is scheduled for 2020. Its contract with CFM includes spare engines and an overhaul support agreement as well as a long-term service agreement.

Advertisements


Categories: Creativity, Entrepreneurship, HR & Organization, Strategy

Tags: , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: