October 19, 2020
ATHENS, Greece – The Greek airline, SKY express, has selected CFM International’s advanced LEAP-1A engine to power four new A320neo aircraft. The engine order is valued at $130 million U.S. at list price. The airline will also lease two additional LEAP-powered A320neos.
The Athens-based airline was founded in 2005 and has mainly operated domestic flights until now. The acquisition of A320neos is in line with its strategy to open international routes in Europe.
We chose the LEAP engine based on CFM's long-standing experience in powering single-aisle aircraft. The reliability of CFM engines combined with the LEAP fuel efficiency and environmental performance will be key assets to supporting the sustainable growth of our company.
“At SKY express we always choose the best solutions. That’s why we elected to partner with the No. 1 engine supplier for commercial aircraft of over 100 seats.” Grylos pointed out.
“We are honored to have been selected to be part of SKY express’ future,” said Gaël Meheust, president & CEO of CFM International. “SKY express decision is a recognition of the benefits provided by the LEAP engine in terms of asset utilization, and commits us to offering this young company CFM’s world-class support as the airline launches its new fleet.”
Since entering commercial service in 2016, the LEAP-1A engine has logged more than 7 million flight hours with 65 operators that benefit from the LEAP engine 15 percent better fuel efficiency and lower CO2 emissions compared to the previous generation, along with a significant reduction of the noise footprint.
About SKY Express
SKY express has been operating as a domestic airline since 2005. From the day of its founding, the company has showcased a steadily upward course, which makes it the fastest-growing airline in Greece, as well as one of the fastest-growing carriers in Europe. Its mainly owned fleet (10 ATR 42, ATR 72, 6 Airbus A320neo) covers 34 destinations throughout Greece, including public service operation routes (PSO), and it is expected to launch international flights soon. The company has brokered interline agreements with worldwide carriers such as KLM, Air France, Qatar Airways, Middle East Airlines, and Cyprus Airways. The connectivity it provides conduces to extending the tourism season to year-around, contributing that way to the extroversion of the Greek economy.
ABOUT CFM INTERNATIONAL
A 50/50 joint venture between GE Aerospace and Safran Aircraft Engines, CFM International has redefined international cooperation and helped change the course of commercial aviation since its founding in 1974. Today, CFM is the world's leading supplier of commercial aircraft engines with a product line that sets the industry standard for efficiency, reliability, durability, and optimized cost of ownership. CFM International produces the LEAP family of engines and supports LEAP and CFM56 fleets for operators worldwide. www.cfmaeroengines.com
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