23 November, 2017: Sky Airline and CFM International has signed a Memorandum of Understanding for a 12-year Rate Per Flight Hour (RFPH) agreement for the LEAP-1A engines that will power the airline's new fleet of 21 leased Airbus A320neo aircraft. The agreement is valued at about $600 million US, including spare engines.
The leased aircraft are scheduled for delivery between 2018 and 2021. Under the terms of the RPFH maintenance agreement, CFM will provide engine maintenance on a dollar per engine flight hour basis.
"One of the main challenges of Sky Airline is to become the best airline for Chile and we know that to achieve this we must strengthen our operation with agreements of this type that enhance our efficiency and safety," said Sky Airline CEO Holger Paulmann.
"We are pleased to welcome Sky Airline to the LEAP family of operators," said Gaël Méheust, President and CEO of CFM International. "The airline has distinguished itself in the Latin American market since it began operations in 2001. We believe that the addition of the advanced new LEAP engine will be a tremendous asset and will support Sky's continued growth."