Safran fetes delivery of 20,000th CFM56 engine
Paris, October 20, 2009 – Founded in 1974, CFM International* is one of the most successful ventures in the history of civil aviation. The CFM56 engine, a result of this 50/50 collaboration between General Electric and Safran, is an unrivaled success: it is the world's best-selling commercial aircraft engine, deployed by more than 500 airlines. A CFM56-powered airplane takes off somewhere in the world every 2.5 seconds.
Today, Safran is celebrating the delivery of the 20,000th CFM56 engine – a milestone that confirms the unrivaled success of the joint venture created by General Electric and Safran in 1974, and which was extended last year until 2040.
Jean-Paul Herteman, Chief Executive Officer of Safran, said: "The creation of CFM International in 1974 was inspired by the symbiotic relationship between two men, Gerhard Neumann and René Ravaud, the respective heads of GE Aircraft Engines and Snecma at the time. They were able to develop a breakthrough aircraft engine, the CFM56, that would eventually become the greatest success in the history of civil aviation. Today, we are gearing up to repeat this experience with the new Leap-X engine, by calling on new breakthrough technologies, the exceptional reliability of CFM and an unrivaled international customer support structure."
To reinforce its global leadership, CFM International is developing new technologies that address the industry's demand for reduced fuel consumption and greater environmental protection.
The ceremony in honor of the 20,000th CFM engine will be attended by Dominique Bussereau, French Secretary of State for Transport, and Ferdinando Beccalli-Falco, CEO of GE International.
* CFM International is a company equally-owned by Snecma and General Electric.
Safran is a leading international high-technology group with three core businesses: Aerospace (propulsion and equipment), Defense and Security. Operating worldwide, the Safran group has 54,500 employees and generated sales exceeding 10 billion euros in 2008. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. The Group invests heavily in Research & Development to meet the requirements of changing markets, including expenditures of 1.2 billion euros in 2008. Safran is listed on NYSE Euronext Paris and its share is part of the SBF 120 and Euronext 100 indexes.
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