Bahrain's Gulf Air inks $1.6bn deal to power new planes

National carrier and CFM International sign agreement for the purchase of engines for 29 Airbus aircraft
(For illustrative purposes only)
By Staff writer
Mon 13 Nov 2017 01:45 PM

Gulf Air, Bahrain’s national carrier, and CFM International have signed an agreement for the purchase of  engines for nearly 30 Airbus aircraft it plans to add to its fleet.

The deal for 58 LEAP-1A engines to power 17 Airbus A321neo and 12 A320neo aircraft with an additional seven spare engines is valued at approximately $1.9 billion at list price, including a long-term service agreement.

The airline will welcome the 29 Airbus aircraft alongside 10 Boeing planes, with delivery set to start in early 2018.

Captain Waleed Abdulhameed Al Alalawi, Gulf Air deputy CEO, said: “Our selection of this engine for our incoming Airbus aircraft is significant, reflecting the reliability and expertise afforded by CFM products."

Gaël Méheust, president and CEO of CFM International, added: “We are honoured to be a part of this team and to be a part of Gulf Air’s continued growth and success. We know that the LEAP-1A engines will bring even greater benefits and we can’t wait to help them induct this advanced technology into their fleet.”

The LEAP engine entered commercial service in August 2016 and is providing its more than 20 operators with a 15 percent improvement in fuel efficiency, with an equivalent reduction in CO2 emissions; and lower noise and NOx emissions.

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