LE BOURGET, France -- HNA Aviation Holding Company Limited signed a long-term Rate per Flight Hour (RPFH) agreement with CFM International to support the its fleet of CFM56-5B engines.
Under the 15-year service agreement, CFM will provide maintenance, repair and overhaul (MRO) service and support for 84 CFM56-5B engines powering 42 Airbus A320s, along with eight spare engines. CFM will guarantee the maintenance cost on a dollar per engine flight hour basis over the life of the agreement.
"CFM has been a good provider, not only for engines but also for world-class service," said Li Tie, President of HNA Aviation Holding. "From the first engine we purchased in 1993 when we began operations, CFM has consistently provided excellent support for our fleet. We trust in their products, technology and service, all of which help guarantee that they can provide outstanding service to their customers."
"HNA is a long-time strategic customer for CFM," said Jean-Paul Ebanga, president and CEO of CFM. "We appreciate their continued trust in us to provide comprehensive service and support to their fleet. We look forward to working closely with HNA to ensure their CFM56-5B engines have a long, productive life in service."
HNA became a CFM customer in 1993 when the airline began operations. Now it is one of the fastest developing airlines in China and operates nearly 500 domestic and international routes to more than 90 cities, with regular international and regional and charter flights.
CFM 56-5B engines are a product of CFM International, a 50/50 joint company between Snecma (Safran) and GE. CFM, the world's leading supplier of commercial aircraft engines, has delivered nearly 25,000 engines to date. The CFM56-5B engine powers every model of the Airbus A320 family and has been chosen to power nearly 60 percent of all A320 aircraft in service or on order.