Macquarie AirFinance signs agreement for 40 LEAP-1B engines

July 23, 2024

• Lessor’s LEAP-1B backlog doubles from 20 to 40 Boeing 737 MAX aircraft

FARNBOROUGH, England – Macquarie AirFinance today finalized an agreement for 20 Boeing 737 MAX aircraft powered by 40 LEAP-1B engines.

“We are very pleased to announce our latest order of CFM LEAP engines for the Boeing 737 MAX fleet,” said Eamonn Bane, Chief Executive Officer of Macquarie AirFinance. “This investment underscores our commitment to providing our clients with the most efficient and reliable technology on the market. The advanced performance and fuel efficiency of the LEAP engines align with our goal of supporting sustainable growth and operational excellence in the aviation industry.”

 

Macquarie AirFinance manages a fleet of more than 160 CFM-powered aircraft in service today, including both CFM56-powered Boeing 737NG and Airbus A320ceo family aircraft and LEAP-powered 737 MAX 8 and A320neo aircraft.

“We are happy to extend our long relationship with Macquarie,” said Gaël Méheust, president and CEO of CFM International.  “Doubling it LEAP-1B orderbook shows great confidence in CFM, and our commitment is to ensure that we continue to earn that trust every day.”

The CFM LEAP engine family delivers 15 to 20 percent lower fuel consumption and CO₂ emissions, as well as a significant improvement in noise, compared to previous generation engines. With more than 3,300 LEAP-powered aircraft in service, the engine has allowed CFM customers to avoid 35 million tons of CO₂ emissions.* The engine has been the most successful new product introduction in CFM’s 50-year history, with the fastest ramp-up of engine flight hours ever in the industry – surpassing 50 million hours in just eight years.

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*Compared to the same flights powered by CFM56 engines.