Gulf Air, the primary airline for the Kingdom of Bahrain, has ordered CFM International’s CFM56-5B engines to power 15 new Airbus A320 aircraft, an order worth $270 million at list price.
Delivery of the engines is scheduled to run from late 2009 to 2013, CFM said in a news release.
The airline also signed a 10-year repair, maintenance and overhaul contract with GE Aviation for the new engines. That agreement is valued at $100 million, GE Aviation said.
Gulf Air flies to more than 40 destinations in Africa, Asia, Europe, the Middle East and Far East, according to the release.
CFM International, based in Evendale is a joint venture between GE Aviation’s parent, General Electric Co. (NYSE: GE) and Snecma in France.
