Jazeera Airways Signs $1.3 Billion LEAP-1A Engine Services Agreement

January 29, 2020

• Agreement covers 45 LEAP-1A engines.

WEST CHESTER, Ohio — Jazeera Airways has signed a long-term Rate Per Flight Hour (RPFH) agreement with CFM International to support the LEAP-1A engines that power the airline’s fleet of 20 Airbus A320neo aircraft. The agreement, which is valued at approximately $1.3 billion U.S. at list price, also covers five spare engines.

RPFH agreements are part of CFM’s portfolio of flexible engine service support packages. Under the terms of the agreement, CFM Services guarantees maintenance costs for Jazeera’s LEAP-1A engines on a dollar per engine-flight-hour basis.

Jazeera Airways became the first LEAP-1A-powered A320neo operator in the Middle East in May 2018 and currently operates four A320neo aircraft. The fleet has since logged more than 6,000 flight hours. The airline also operates nine CFM56-5B-powered A320ceo aircraft

“The LEAP engine is a real asset to our daily operations in harsh environments and we look forward to introducing more of these engines in the coming months. We have been really happy with the reliability and the best-in-class support provided by CFM over the years, so we are delighted to expand our relationship through this new agreement.”

Rohit Ramachandran, CEO of Jazeera Airway

"We are very proud of the trust Jazeera has placed in CFM products," said Gaël Méheust, president & CEO of CFM International. “And we welcome the responsibility that comes with that trust to support Jazeera’s operations and to ensure a smooth introduction of the new LEAP-1A engines into its fleet.”

CFM International’s advanced LEAP-1A engine continues to set a new industry standard for fuel efficiency and asset utilization as the fleet continues the most rapid buildup in commercial aviation history, logging nearly seven million engine flight hours through December 2019.

About Jazeera Airways
Jazeera Airways flies to 37 popular destinations across the Middle East, India and Europe comprising high-demand business, leisure, family and weekend destinations including London, Dubai, Bahrain, Doha, Beirut, Amman, Alexandria, Cairo, Sharm El Sheikh, Assiut, Luxor, Sohag, Jeddah, Riyadh, Taif, Najaf, Mashhad, Kochi, Mumbai, Hyderabad, Ahmedabad, New Delhi, Lahore, Istanbul, Bodrum, Baku, Tbilisi, Kathmandu, Karachi, Al Ain and Dammam.

The airline operates out of its Jazeera Terminal T5 at Kuwait International Airport where it provides passengers with the ease and comfort of traveling with 14 check-in counters, eight self-check-in kiosks, dedicated passport and security control procedures, duty free shops and restaurants, as well as free WiFi internet service available for passengers when boarding at the T5 gates. T5 also has a dedicated number at 176 and Help Team on-ground to respond to passengers’ queries and guide them through the Terminal.

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ABOUT CFM INTERNATIONAL

The LEAP-1A engine is a product of CFM International, a 50/50 joint company between GE and Safran Aircraft Engines. The LEAP engine family is the fastest selling in aviation history with more than 19,000 orders and commitments, including spare engines, booked through December 2019. For more information concerning CFM, visit us on the Web at www.cfmaeroengines.com or follow us on Twitter @CFM_engines

Contact

Jamie Jewell,

+1 513.885.2282,

jamie.jewell@ge.com

Charles Soret,

+33 6.31.60.96.79,

charles.soret@safrangroup.com

Perry Bradley,

+1 513 375 2597,

perry.bradley@ge.com