CFM International (CFM) has received firm orders valued at approximately $2.25 billion for more than 450 CFM56 engines in the first quarter of this year.
These orders build on the momentum CFM achieved in 1997, during which the company garnered about 60 percent of the orders for all commercial aircraft engines. CFM, a 50/50 joint company of Snecma (Safran Group) of France and General Electric of the United States, is the world's leading supplier of commercial transport aircraft engines, with sales over the past five years representing 54 percent of commercial aircraft with a capacity of 100 passengers or more.
The major orders announced in 1998 include:
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