CFM, Macquarie Finance Close $588 Million U.S. LEAP-1A Engine Order

June 18, 2019

Leasing company has both CFM56-5B and CFM56-7B engines in portfolio

LE BOURGET, France — 18 June 2019 — CFM International has finalized an order with Macquarie Airfinance Group Limited, a wholly owned subsidiary of Macquarie Group Limited, for LEAP-1A engines to power 20 Airbus A320neo aircraft the company ordered in 2018.

“We are pleased to expand our great relationship with Macquarie to now include our advanced LEAP engine. We believe their airline customers will begin to reap the benefits of our advanced technology immediately.”

Gaël Méheust, president and CEO of CFM International

The LEAP-1A engine is providing operators with a 15 percent improvement in fuel consumption and CO2 emissions, along with dramatic reductions in engine noise and exhaust gaseous emissions. All this technology is focused on providing better utilization, including CFM’s legendary reliability out of the box; greater asset availability; enhanced time on wing margins to help keep maintenance costs low; and minimized maintenance actions, all supported by sophisticated analytics that enable CFM to provide tailored, predictive maintenance over the life of the product.

From left, CFM president & CEO Gaël Méheust and John Willingham, CEO of Macquarie AirFinance

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ABOUT CFM INTERNATIONAL

A 50/50 joint venture between GE Aerospace and Safran Aircraft Engines, CFM International has redefined international cooperation and helped change the course of commercial aviation since its founding in 1974. Today, CFM is the world's leading supplier of commercial aircraft engines with a product line that sets the industry standard for efficiency, reliability, durability, and optimized cost of ownership. CFM International produces the LEAP family of engines and supports LEAP and CFM56 fleets for operators worldwide. . www.cfmaeroengines.com

Contact

Charles Soret,

+33 6.31.60.96.79,

charles.soret@safrangroup.com

Chelsey Levingston - CFM RISE Topics,

+1 513 720 6458,

Chelsey.levingston@ge.com

Nathan Hicks,

+1 513 283 7495,

nathan.hicks@ge.com