Paris Air Show Yields $50.2 billion in Orders for CFM
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
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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