PARIS (Reuters) - Aircraft leasing and lease management services company Avolon has ordered 140 CFM LEAP-1A engines to power 70 Airbus A320neo planes, in a deal worth $2 billion at list prices.
The order represents Avolon’s largest ever engine order to date, and one of CFM’s biggest ever engine transactions with a lessor for the LEAP engine, CFM and Avolon said on Tuesday.
CFM International is a 50/50 joint company between GE and Safran Aircraft Engines.
(Reporting by Sudip Kar-Gupta; Editing by Mark Potter)