LE BOURGET June 18, 2007 CFM International (CFM) has received orders for 1,055 commercial, military, and spare engines through May 2007 at a value of approximately $7* billion.
CFM International is a 50/50 joint company between Snecma (Safran Group) and General Electric Company.
"We received record orders in 2005 and 2006 " said Eric Bachelet, president and CEO of CFM International. "2007 is another strong year and I think we will finish it with at least 1,400 new orders. This is a testament to the overall good health of our industry right now. The airlines worldwide have started to make a profit, despite high fuel prices, by increasing productivity and reducing costs."
CFM set a new record in 2005, receiving orders for 1,640 CFM56 engines, and broke that record the very next year with orders for 2,110 engine. Prior to 2005, the company's previous record of 1,343 orders was set in 1989.