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Paris Air Show Yields $50.2 billion in Orders for CFM

Business

• New records both in terms of total engines and total value

LE BOURGET, France — 20 June 2019 — CFM International announced orders and commitments for more than 1,150 LEAP engines during the 2019 Paris Airshow, along with long-term services agreements, for a total value of approximately $50.2 billion U.S. at list price.

“It has been an absolutely incredible week,” said Gaël Méheust, president and CEO of CFM International.   “We have had follow-on orders from long-time customers while welcoming new LEAP operators, including IndiGo for the LEAP-1A and the recently announced letter of intent from IAG for 200 Boeing 737 MAX airplanes for which we look forward to finalizing the LEAP-1B portion of the deal.

“For all the orders we received this week, we cannot say thank you enough to our customers.  The level of confidence they continue to show in us and in our products is truly humbling.  Our job now – as always - is to earn that trust, both by word and by deed, every day.”

A recap of the week’s activities: 

  • AirAsia                                                200 LEAP-1A engines & expanded Rate Per Flight Hour
  • ALAFCO                                            60 LEAP-1A engines
  • Avolon Leasing                              140 LEAP-1A engines
  • CDB Leasing                                    90 LEAP-1A engines
  • Colorful Guizhou Airlines                LEAP-1A Rate Per Flight Hour agreement
  • IndiGo                                                  560 LEAP-1A engines, plus spares
  • Macquarie Finance                       40 LEAP-1A engines
  • Peach Aviation                               20 LEAP-1A engines                                  
  • SMBC Capital                                 40 LEAP-1A engines

Zhejiang Loong Air      LEAP-1A Rate Per Flight Hour agreement

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About CFM International

The LEAP engine is a product of CFM International, a 50/50 joint company between GE and Safran Aircraft Engines.  This engine has experienced the fastest order ramp up in commercial aviation history and CFM has received orders and commitments for a total of more than 17,600 LEAP engines, including spares, across all three models through May 2019.  For more information, visit us at www.cfmaeroengines.com or follow us on Twitter @CFM_engines.

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