CFM Logs Best Year Ever With $9.8B In Engine Orders

February 1, 2006

EVENDALE, OHIO February 1, 2006 CFM International set a new record in 2005, receiving orders for 1,640 commercial, military, and spare CFM56 engines at a value of $9.8 billion at list price. The company's previous record, set in 1989, was for 1,343 engines.

CFM56 engines are a product of CFM International (CFM), a 50/50 joint company between Snecma (Safran Group) and General Electric Company. The company delivered 800 engines in 2005.

Below are highlights of some of the orders received in 2005 (all values listed are for firm orders at list price):

In January, Kuwait start-up carrier Jazeera Airways selected the CFM56-5B to power four firm, four option Airbus A320 aircraft in a $45 million order.

February's orders included a Japan Airlines $360 million CFM56-7B order for 30 firm, 10 option Boeing 737s. India's new low-cost carrier, SpiceJet, placed a $120 million order for CFM56-7B engines to power 10 firm, 10 option 737-800 aircraft. Ryanair placed a $900 million order for CFM56-7B engines to power 70 firm, 70 option Boeing 737-800 aircraft, taking the airline's total CFM56-powered fleet to 239 aircraft.

In March, Singapore Aircraft Leasing Enterprise (SALE) announced in March a $240 million order for CFM56-7B engines to power up to 40 Boeing Next-Generation 737 aircraft.

In June, AirAsia unveiled the CFM56-5B as the engine that will power the airline's new fleet of 60 firm, 40 option A320 aircraft. The firm engine order is valued at $750 million. Iberia Airlines expanded its CFM56-5Bpowered fleet with a $360 million order to power 30 firm Airbus A318, A319, A320, A321 aircraft.

Lion Air launched the CFM56-7B-powered Boeing 737-900ER in July with an order for 30 firm, 30 option airplanes.

In August, Shenzhen Airlines became a new CFM56-5B customer, placing a $60 million order for engines to power three Airbus A320 and three A319 aircraft.

Comlux, the Swiss VIP charter operator, helped launched the CFM56-5B-powered A318 Elite Corporate Jet in November with a $36 million order for three firm, three option aircraft. East Star Airlines, a new start-up carrier in China, chose the CFM56-5B to power its new fleet of 10 firm Airbus A320 aircraft.

CFM finished the year by adding TAM Brazilian Airlines as a new customer. The airline selected the CFM56-5B to power 25 firm, 20 option Airbus A320 family aircraft.

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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