22-Jul-2010 2:49 PM
Air Arabia selects CFM56-5B engines for A320s
Analysis
Air Arabia (+0.6%) announced on Wednesday (21-Jul-2010) the selection of the CFM56-5B engine to power its 44 A320 family aircraft order announced in 2007. This new engine selection, which will more than double the airline's CFM56-5B powered A320 fleet, is valued at more than USD620 million at list prices.
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