WOW air placed $85 million CFM56-5B engine order

In a special signing ceremony here today, Iceland-based WOW air announced it has selected CFM International CFM56-5B engines to power four new Airbus A321ceo (current engine option) family aircraft. The firm engine order is valued at $85 million U.S. at list price.

The airline, which began commercial service in 2011, currently operates a fleet of seven CFM56-5B-powered A320 family aircraft. WOW air the low-fare airline based in Iceland has signed a firm order for four A321s. This is the airline’s first purchase of CFM engines.

“We have been very happy with the CFM56-5B engines in our fleet,” said Skúli Mogensen, founder and CEO of WOW air. “The reliability they provide has been a key element in our ability to grow so quickly and so successfully.”

“We are very pleased to take our relationship with WOW air to the next level,” said Jean-Paul Ebanga, president and CEO of CFM International. “It is exciting for us to be part of such a dynamic team.”