- Lessor’s first direct order with CFM
- Agreement helps build lessor’s narrowbody portfolio
FARNBOROUGH, England – 23 July 2024 – Nordic Aviation Capital (NAC), a global leader in aircraft
leasing, today announced an order for ten LEAP-1A engines to power five Airbus A321neo family
aircraft. The agreement also includes options for two additional LEAP-powered A321neo family
aircraft.
“With this order, NAC has turned to CFM to help grow its single-aisle portfolio and take our
relationship to the next level,” said Gaël Méheust, President and CEO of CFM International. “We
have previously worked together on various purchase and leaseback agreements for CFM56- and
LEAP-powered aircraft. We are honored and pleased to now welcome NAC to the list of CFM
customers.”
NAC’s portfolio includes Airbus A320ceo family aircraft with CFM56-5B engines, Boeing 737NG
aircraft with CFM56-7B engines, A320neo aircraft with LEAP-1A engines, and 737 MAX aircraft with
LEAP-1B engines – all of which reflect the company’s recent investment in the narrowbody market.
Norman C.T. Liu, President and CEO of NAC, commented, “We are pleased to sign our first direct
order with CFM, further strengthening our relationship with the leading engine supplier to the
A320neo/A321neo family.”
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.
*Compared to same flights powered by CFM56 engine
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 produces the LEAP family of engines and supports LEAP and CFM56 fleets for
operators worldwide.
CFM Media contacts
Charles Soret, +33 (6) 31 60 96 79, charles.soret@safrangroup.com
Nathan Hicks, +1 513 283 7495, nathan.hicks@ge.com
NAC Media contact
Eva Ferguson, efe@nac.dk