SAS Expands LEAP-powered Fleet with New Engine Order, Services Agreement

February 15, 2021

WEST CHESTER, Ohio - Scandinavian Airlines (SAS) has selected CFM International LEAP-1A engines to power 35 additional A320neo family aircraft. The order, which includes eight spare engines and a Rate Per Flight Hour (RPFH) support agreement, is valued at $2.9 billion U.S. at list price. The aircraft order had been announced in April 2018.

RPFH agreements are part of CFM’s portfolio of flexible aftermarket support offerings. Throughout the term of the agreement, CFM will guarantee maintenance costs for the airlines 160 LEAP-1A engines on a dollar per engine flight hour basis.

SAS currently operates 44 A320neo aircraft and one A321neo LR powered by the fuel-efficient LEAP engine and plans to introduce two additional A321neo LR as part of its strategy to develop International routes, including to the U.S.

The new LEAP engines and long-term services agreement are an integral part of SAS’ strategic fleet upgrade and will continue to greatly improve the efficiency in our operations. Our goal is to be industry leaders in sustainable aviation, and we are to reduce emissions with 25 percent by 2025, in comparison to 2005. This will mainly be enabled by using state of the art technologies allowing for lower fuel consumption and an increase in use of sustainable aviation fuels

Magnus Örnberg, Executive Vice President and CFO, SAS

This order is part of the airline's fleet upgrade program that aims to improve efficiency and sustainability performance. As a major European airline, SAS has been at the forefront of introducing technologies that reduce the impact of aviation on the environment, as well as choosing efficient engines to power its fleet. In October 2020, the delivery flight for SAS’ first LEAP-powered Airbus A321LR used a 10 percent sustainable jet fuel blend. The initiative is part of SAS’ commitment to reducing its carbon footprint.

"We are delighted to expand our long-term relationship with SAS, an airline with which we share the same core values, said Gaël Meheust, president and CEO of CFM International. “Over four decades, CFM has developed leading-edge technologies that help our airlines customers make their operations both cost-efficient and sustainable. We take SAS' trust as a great responsibility to keep supporting their operations with the high-level CFM standards in terms of reliability and utilization."

CFM’s advanced LEAP-1A engine continues to set new industry standards for fuel efficiency and asset utilization, logging more than nine million engine flight hours in commercial operation. The fleet is providing 15 percent better fuel consumption and lower CO2 emissions, as well as a significant improvement in noise compared to the best CFM56 engines.

About SAS
SAS, Scandinavia’s leading airline, with main hubs in Copenhagen, Oslo and Stockholm, flies to destinations in Europe, USA, and Asia. Spurred by a Scandinavian heritage and sustainability values, SAS aims to be the global leader in sustainable aviation. In addition to flight operations, SAS offers ground handling services, technical maintenance, and air cargo services. SAS is a founding member of the Star Alliance™, and together with its partner airlines offers a wide network worldwide. For more information: https://www.sasgroup.net/about-sas/the-fleet/ and www.flysas.com/en/sustainability/

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ABOUT CFM INTERNATIONAL

CFM International is a 50/50 joint company between GE and Safran Aircraft Engines. For more information, 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

Jens Martesen,

+513 344 5531 ,

jens.martesen@ge.com