By Dominic Chopping
Norwegian Air Shuttle agreed to buy 11 spare engines from CFM International to support its growing fleet of Boeing 737 MAX aircrafts.
The airline said deliveries of the LEAP-1B engines are scheduled for 2027 and 2028 and add to the two LEAP-1B spare engines it currently owns.
Financial terms weren't disclosed but Norwegian is in the process of securing long-term financing for the transaction.
"This transaction secures the operational resilience of Norwegian and will maximize our aircraft availability and utilization," said Chief Executive Geir Karlsen.
CFM International is an aircraft engine manufacturer formed through a joint venture between GE Aerospace and Safran Aircraft Engines.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
June 17, 2025 02:20 ET (06:20 GMT)
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