WEST CHESTER, Ohio — 11 January 2018 — In conjunction with French President Emmanuel Macron’s state visit to China earlier this week, CFM International concluded agreements and Memorandums of Understanding for new engine orders and long-term support agreements covering nearly 500 CFM engines. The total value of the agreements is $9.1 billion U.S. at list price.
The agreements include:
Philippe Petitcolin, Chief Executive Officer of CFM parent company Safran, signing on behalf of CFM, said: “Our relationship with the Chinese aviation industry goes back more than 30 years, not only as a customer base but a very important supplier base. These new agreements strengthen our commitment to China and solidifies our relationships with our customers there, providing a strong foundation for even more cooperation in the future.”
CFM International, a 50/50 joint company between GE and Safran Aircraft Engines. For more information, visit us at www.cfmaeroengines.com or follow us on Twitter @CFM_engines.
From left: Philippe Petitcolin, CEO of Safran; BAO Qifa, Executive Chairman and CEO of Hainan Airlines Holding; Gaël Méheust, President and CEO of CFM International