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SpiceJet has signed the largest engines deal worth USD 12.5 billion dollars, with French company Safran Group. for CFM aircraft engines for the airline’s bulk order of Boeing MAX planes.
SpiceJet and Safran Group, have finalized the purchase of LEAP-1B engines to power a total of 155 Boeing 737 MAX planes, along with spare engines to support the fleet.
CFM engines are manufactured by CFM International, a joint venture between Safran and General Electric. The airline has also singed a ten-year Rate per Flight Hour (RPFH) agreement with CFM Services that covers all LEAP-1B engines powering SpiceJet’s 737 MAX planes.
RPFH agreements are part of CFM’s portfolio of flexible aftermarket support offerings. Further, under the terms of the agreement, CFM guarantees maintenance costs for all SpiceJet’s LEAP-1B engines on a pay by hour basis.
