LE BOURGET, June 13, 2005 CFM International has received orders for 594 commercial, military, and spare engines through May at a value of approximately $3.6 billion at list price.
CFM International (CFM) is a 50/50 joint company between Snecma (Safran Group) and General Electric Company. CFM is one of the world's leading suppliers of engines for commercial and military transport aircraft, delivering the 15,000 CFM56 engine earlier this year.
"We've obviously had a great year so far and we think we will have a strong finish," said Pierre Fabre, president and CEO of CFM International. "We're very pleased to welcome some new customers to the CFM family. It's also a great honor for us that so many of our existing customers have chosen to expand their CFM fleets."
CFM ended 2004 with orders for a total of 683 commercial and military engines. Hapag-Floyd Flug helped start 2005 with a $120* million order for CFM56-7B engines to power 10 new Boeing 737-800 aircraft scheduled for delivery between early 2006 and mid-2007.
Jazeera Airways, a new Kuwaiti low-cost carrier and the first privately owned airline in the Middle East, selected the CFM56-5B to power four firm, four option Airbus A320 aircraft in a $45* million order. The airline is scheduled to begin taking delivery of the new A320s in October of this year.
Japan Airlines announced a $360 million order for CFM56-7B engines to power 30 firm, 10 option Boeing 737 aircraft scheduled to begin delivery in 2006.
India's new low-cost carrier, SpiceJet, placed a $120* million order for CFM56-7B engines to power 10 firm, 10 option Boeing 737-800 aircraft. The New Delhi-based airline began operations last month.
Dublin, Ireland-based low-cost carrier Ryanair placed a $900* million order for additional CFM56-7B engines to power 70 firm, 70 option Boeing 737-800 aircraft. The airline now has 155 CFM-powered 737s on firm order
Hainan Airlines, China's fourth largest airline group, placed a $90* million firm order for CFM56-5B engines to power eight Airbus A319 aircraft. The airline, which also took options on 12 additional A319s, will take delivery between 2005 and 2007.
Singapore Aircraft Leasing Enterprise (SALE) signed a deal covering 20 firm orders and 20 purchase rights for CFM56-7B-powered Boeing 737 aircraft. Deliveries are scheduled between the fourth quarter of 2006 and the end of 2009. The firm engine order is valued at approximately $240* million.
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