CFM International have announced that Air China and Hainan Airlines have ordered the CFM 56 for their A320 orders. Air China were orders initially announced in July at Farnborough, now firmed and Hainan could involve new orders for the A320 or the allocation of some from the recent agreement with China Aviation Supplies Holding Company (CAS) signed in Paris earlier this month.
Air China finalized its order for CFM56-5Bs to power 20 firm Airbus A320 aircraft which will be delivered in 2011. The engine order, originally announced at the Farnborough International Air Show in July, is valued at approximately $300 million at list prices (ATW Daily News, July 21).
Separately, Hainan announced it selected the CFM56-5B engine to power 42 new Airbus A320 family aircraft in a deal valued at $1.2 billion at list prices, including the firm engine order and a long-term services and support agreement. The airline is scheduled to begin taking delivery in 2012.
The Airbus O&D spreadsheet shows Hainan as having 58 A320 series ordered with 25 delivered. Can anyone clarify if Hainan needs to place new orders to cover the 42 announced today?