CFM Logs $1.3 Billion In New Orders At Paris Air Show

June 16, 2005

LE BOURGET, June 16, 2005 During the 2005 Paris Air Show, CFM International logged orders for 218 new CFM56 engines at a combined value of $1.3 billion. The company had received 594 engine orders though May of this year; that total now stands at 812.

CFM56 engines are produced by CFM International, a 50/50 joint company between Snecma (Safran Group) and General Electric Company. CFM is the world's leading supplier of commercial aircraft engines, with more than 15,000 delivered to date.

Orders booked this week include:

Egypt carrier Air Cairo announced its intent to purchase CFM56-5B/P engines to power six Airbus A318 aircraft in an engine order valued about $75 million. Once the order if finalized, Air Cairo will become CFM's newest customer and, potentially, the first A318 operator in the Middle East. The airline is scheduled to begin delivery in the third quarter of 2006. Air Europa with an order for 18 firm, 12 option Boeing 737-800 aircraft powered by CFM56-7B engines. The firm engine order is valued about $220 million. The Spanish carrier, headquartered in Palma de Mallorca, Spain, is scheduled to begin taking delivery of the aircraft in 2007 and plans to use the new 737s for both fleet renewal and expansion. Alaska Airlines also announced an order for up to 100 Boeing 737-800s powered by the CFM56-7B, including 35 firm, 15 option orders as well as purchase rights on an additional 50 aircraft. The firm engine order is valued at $420 million. Alaska is scheduled to take delivery of the first 35 aircraft between January 2006 and 2012.

GE Capital Aviation Services (GECAS) ordered CFM56-7B engines to power 20 Boeing 737s scheduled for delivery between 2006 to 2008. The engine order is valued at $240 million.

International Lease Finance Corporation also placed a $240 million order for 20 CFM56-7B-powered 737-700/-800s. The aircraft will be delivered in 2008.

Jet Airways expanded its CFM56-7B-powered 737-800 fleet with a $120 million order for engines to power 10 Boeing 737-800s. The 737-800s will be delivered in early 2006.

Jamie Jewell

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Charles Soret

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Perry Bradley

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Talal Ahmed Almahmood

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