SAS, CMF International Sign Multibillion Engine Deal

MIAMI – SAS Scandinavian Airlines (SK) will use CFM International’s fuel-efficient LEAP-1A jet engines to power 35 new Airbus A320neo passenger jets. CFM International is a 50-50 joint company between GE Aviation and Safran Aircraft Engines.

The deal combines the engines and related maintenance service and is valued at a list price of US$2.9bn. Magnus Örnberg, Executive Vice President and CFO of SK, says that the carrier’s objective is to lead in sustainable aviation and to reduce emissions by 25% by 2025 compared to 2005.

Örnberg adds that SK will use “state-of-the-art technologies allowing for lower fuel consumption and an increase read more ⇒

Source:: “Airways Magazine”

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