Qingdao Airlines Places $100 million order with CFM
Singapore. 16 February 2016. Qingdao Airlines has selected CFM International’s CFM56-5B engine to power five purchased Airbus A320ceo aircraft. The order is valued at $100 million U.S. at list price. The airplane order was announced in September 2013 and the airline will begin taking delivery later this year.
To support its fleet, the airline has also signed a 12-year Materials Services Agreement.
“We are very pleased to expand our relationship with Qingdao Airlines. This airline has accomplished a great deal in the two years it has been operational and we are excited to be part of this dynamic team” said Jean-Paul Ebanga, president and CEO of CFM International.
Qingdao Airlines, which is owned by Nanshan Group, is based in the Eastern Chinese coastal city of Qingdao, Shandong Province. The airline took delivery of its first leased A320ceo powered by CFM56 engines in April 2014 and currently operates a fleet of nine aircraft on routes to five destinations throughout China. .