DUBAI 2015: Pegasus signs $500m support deal with CFM

Pegasus Airlines has signed an eight-year Time & Materials Support agreement with CFM International to cover a total of 90 shop visits for the CFM56-7B engines which power the carrier’s fleet of Boeing 737-800s.

The agreement, which also includes the purchase for four spare engines, is valued at $500 million at list price.

Pegasus has been a CFM customer since it launched its charter flights in 1990. The airline and its affiliates currently operate a fleet of 57 Boeing 737s and nine Airbus aircraft all powered by CFM56 engines.

“We know from more than 25 years of experience the kind of world-class support CFM provides,” explained Sertac Haybat, CEO of Pegasus Airlines. “This new agreement will further help us maintain our CFM56 fleet to the highest standards.”

"We are excited to enter this new phase in our relationship with Pegasus,” remarked Jean-Paul Ebanga, president and CEO of CFM International. “They have done a great job building a modern, efficient fleet and, with this agreement, we can help them maintain that fleet to the highest standards, supporting their goals of continued growth and profitability.”

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