GE Capital Aviation Services (GECAS), the aviation leasing and financing arm of General ElectriC has announced a firm order for 60 A320n...
GE Capital Aviation Services (GECAS), the aviation leasing and financing arm of General ElectriC has announced a firm order for 60 A320neo Family aircraft including the A321neo at the 51st International Paris Air Show.
The deal was jointly announced today by Norman C.T. Liu, President and CEO of GECAS and John Leahy, Airbus Chief Operating Officer, Customers. This new order brings the total number of A320 Family aircraft ordered by GECAS to 465, including 120 A320neo aircraft.
The CFM International’s LEAP-1A engine will power the 60 A320neo aircraft. The firm engine order is valued at $1.77 billion U.S. at list price.
The LEAP-1A engine promises to be the most advanced, reliable, fuel-efficient powerplant for the new Airbus A320neo (new engine option). The engine incorporates many industry firsts, including the 3-D woven carbon fiber composite fan blade and case; the one-of-a-kind debris rejection system; fourth-generation 3-D aerodynamics; the first commercial use of ceramic matrix composites (CMCs); the revolutionary combustor design featuring fuel nozzles grown using additive manufacturing; and light-weight Titanium Aluminide airfoils.
The lower weight and higher durability these components provide will result in a 15 percent improvement in fuel efficiency, with an equivalent reduction in CO2 emissions; a 50 percent margin to new emissions regulations; a dramatically lower noise signature; CFM’s industry-leading reliability and low overall operating costs.
The newest member of the A320 Family, the A320neo, incorporates new generation engines and Sharklets (wing tip devices) which together deliver 15 percent in fuel savings. Including today’s order from GECAS, Airbus has won over 3,800 firm orders for the A320neo Family from 72 customers.
