Saudi Arabian Airlines signed a $300 million contract with GE Aviation Services to provide material for the CFM56-5B engines that will power the carrier’s new fleet of 50 Airbus A320s. The exclusive 10-year materials agreement covering 100 CFM56-5B engines means Saudi Arabian Airlines will use only CFM parts while maintaining these engines, which it plans to service inhouse. Saudi concurrently signed the final $300 million agreement for 22 new A320s, the purchase of which was ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Saudi Arabian Inks $300 Million CFM56 Materials Deal With GE".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.