Posted on: 10 November 2015 by Ross McSweeny
Vietjet Air has chosen the CFM56-5B engine from CFM International to power 15 additional Airbus A321ceo (current engine option) aircraft, nine of which are new orders placed during the Dubai Air Show.
The agreement, which is valued at more than $700 million at list price, includes spare engines and a long-term service agreement. The latter is a 12-year Rate Per Flight Hour deal whereby CFM will guarantee maintenance costs for the all of the CFM56-5B engines on a dollar per engine flight hour basis.
Vietjet has been a CFM customer since it began operations in late 2011 with leased CFM56-5B-powered A320s and currently operates a fleet of 29 aircraft.
Based in Ho Chi Minh City, VietJetAir has been a CFM customer since it began operations in late 2011 with leased CFM56-5B-powered A320s. The carrier currently operates a fleet of 28 aircraft.
"The reliability and operating economics of the CFM56-5B engine are the best in the industry and have helped us stay true to our core values of safety, affordable price, and punctuality,” emphasised Nguyen Thi Phuong Thao, CEO of VietJetAir. "CFM has been a real partner in our growth and we are very pleased to expand our relationship with them.”
“It is exciting to be part of such a dynamic team,” responded Jean-Paul Ebanga, CFM’s president and CEO. “The management team has done an outstanding job and the many accolades they have received are well deserved. It is a real privilege to see, first hand, the success VietJetAir continues to achieve. “
Photo shows (l-r) Jean-Paul Ebanga, president and CEO of CFM, Vietjet president & CEO Nguyen Thi Phuong Thao and the airline’s chairwoman Nguyen Thanh Ha celebrating the engine order at the CFM stand.