CFM International signs USD21.4b in new deals at Farnborough Air Show

CFM International stated (17-Jul-2014) the company signed orders, commitments, and long-term service agreements for a total of 1,062 engines at the 2014 Farnborough Air Show, with the highlights as follows"

• easyJet selected the LEAP-1A engine to power 100 A320neo family aircraft and the CFM56-5B engine to power 35 A320ceo aircraft;
• American Airlines selected the LEAP-1A engine to power 100 A320neo aircraft;
• 9 Air, the new low-cost arm of Juneyao, finalised an order for LEAP-1B and CFM56-7B engines to power Boeing 737 MAX and Next-Generation aircraft, respectively, along with a long-term services agreement;
• Monarch Airlines announced a commitment to purchase LEAP-1B engines to power 30 737 MAX aircraft, along with a long-term service agreement;
• Hainan Airlines announced a commitment to purchase LEAP-1B engines for power 50 737 MAX aircraft;
• Interjet selected the LEAP-1A to power 40 A320neo aircraft along with a long-term service agreement;
• The total also includes a LEAP engine order and service agreement for from an as-yet undisclosed customer.

CFM International CEO Jean-Paul Ebanga said, "What an incredible week...We started the show predicting that 2014 would be another record year; that prediction came true in a big way. As of today, we have total orders and commitments for more than 3,000 engines. And it is still only July. Both the LEAP and CFM56 product lines continue to prove their worth to our airline customers around the globe and we are constantly gratified by the continued faith these airlines show in our people and our products. As always, our job is to continue to earn their trust every day, delivering the reliability and operating economics they have come to depend on from CFM." [more - original PR]