Vistara to order 26 CFM engines worth $2.4 bn for 13 new Airbus A320 Neos

Topics Vistara

Vistara has decided to place $2.4 billion worth of orders for 26 CFM-manufactured Leap-1A engines to power its 13 new Airbus A320 Neos, which also includes a maintenance contract.

The 13 A320 Neos are in addition to the 37 leased A320 family of Neos that the Tata-Singapore Airlines-run Vistara had ordered from Airbus in July 2018, Vistara said Thursday.

The airline is expecting the first of the 13 deliveries to come by the month-end, the airline said.

Of the 32 planes in the Vistara fleet, 10 are A320 Neo planes.

"We are extending our partnership with CFM International and select the Leap-1A engines for our new aircraft," said Leslie Thng, the chief executive said.

The New Delhi-based airline took delivery of the first Leap-1A-powered Airbus A320 Neo in May 2017 and currently operates 10 such leased planes.

Along with the engine order, the airline has also signed a long-term rate per flight hour agreement for maintenance of the 120 Leap-1A engines which will power its 60 Airbus planes in service or on order.


Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel