CFM Logs Record Orders; on Track for Most Successful Year Ever

September 7, 1998

With firm orders for 1036 engines recorded through the end of August, CFM is on track for its most successful year ever. These orders, which are valued at approximately $5 billion, represent 56 percent of 1998 commercial aircraft orders placed through August.

CFM International is a 50/50 joint company between Snecma (Safran Group) of France and General Electric of the United States.

These orders build on the momentum CFM has gained over the last two years. In 1996, the company received 1,280 firm engine orders-a new company record. CFM has received 25 percent more orders in 1998 than by the same time in 1996.

CFM56 engines have been selected to power about 55 percent of the commercial aircraft with a capacity of 100 passengers or more ordered over the past five years. This figure includes aircraft for which CFM engines are not offered. Some of the orders received through August for Airbus Industrie A320 and Boeing 737 aircraft include: (Values quoted are for firm orders only.)

Iberia Airlines:
$800 million order for CFM56-5B/P engines to power 50 firm and 26 option Airbus A320 family aircraft.

Southwest Airlines:
$600 million order for CFM56-7 engines to power 61 additional 737-700 aircraft, more than doubling its Next-Generation fleet.

Continental Airlines:
$150 million order for CFM56-7 engines to power 15 firm, 25 option 737-900 aircraft.

Sabena Belgian Airlines:
Selected the CFM56-5B/P to power 34 new Airbus A320 family aircraft. The engines will be equipped with CFM's advanced double annular combustor.

Boullioun Aviation Services:
$300 million order for 30 firm, 30 option CFM56-7- powered 737 aircraft.

American Airlines:
Exercised options for 25 737-800 aircraft in an engine order valued at about $250 million.

$300 million order for 25 firm CFM56-7B-powered 737-800 aircraft.

Korean Air:
$250 million order for CFM56-7 engines to power 22 firm, five option Next-Generation 737s.

Air France:
$200 million order for CFM56-5B/P engines to power 15 new Airbus A319 and four A321 aircraft.

$150 million order for CFM56-7 engines to power 15 firm, 15 option 737-700s.

AB Airlines:
First British carrier to purchase Next-Generation 737s with an order for six 737-700 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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