China’s Qingdao Airlines has picked CFM56-5B engines to power five Airbus A320s it has purchased. CFM values the engine deal at $100 million at list prices. The airplane order came in September 2013 and the airline expects to take first delivery later this year.
Qingdao also signed a 12-year materials services agreement with CFM to support the fleet.
Based in the coastal city of Qingdao, the airline took delivery of its first leased A320 powered by CFM engines in April 2014 and now operates a fleet of nine airplanes to five Chinese destinations.