Singapore Air Show

Alafco selects CFM’s Leap for 35 A320neos

 - February 15, 2012, 10:35 PM

Kuwait-based lessor Alafco has announced the selection of the CFM Leap-1A engine for the 35 Airbus A320neos that it ordered here at the show on Tuesday. Aircraft delivery is scheduled between 2019 and 2021. For CFM, the deal is valued at $840 million at list prices. Alafco said it planned to grow its portfolio to 100 airplanes “over the next few years.”