CFM logs 960 engine orders through June
- Orders valued at ~$10 billion U.S.
- CFM56 orders still strong
FARNBOROUGH, England – 2012 orders for CFM International’s CFM56 and LEAP product families reached 960 engines through June. These orders are valued at approximately $10 billion U.S. at list price.
"The first half of 2012 has been really strong ,” said Jean-Paul Ebanga, president and CEO of CFM International. "The CFM56 product line is still selling very well, with 404 orders to date and we will be announcing more orders during the air show. We also expect to announce many more LEAP orders in the coming weeks and months.”
As the company logs record commitments, CFM is also achieving record production rates for the CFM56 product line. The company has built more than 1,000 engines per year since 2006, and the rate has grown steadily. In 2011, CFM delivered more than 1,300 engines, the highest rate in the industry, and is on track to produce 1,440 in 2012.
Rates could reach 1,700 engines per year by 2019 as the company transitions from CFM56 production to predominantly LEAP. However, to meet customer commitments and support the in-service fleet, the company will continue to produce more than 100 CFM56 engines per year for several years beyond the transition point. The CFM56 fleet in service is the largest in the world and current projections predict that there will still be 14,000 CFM56 engines in service in 2030. As a result, the company will produce CFM56 spare parts for decades.
CFM International (CFM), a 50/50 joint company of Snecma (Safran group) and GE.