DEBIS Airfinance Confirms Order for CFM56-5B Engines

July 26, 2000

- Key executives of debis AirFinance today confirmed the purchase of CFM56-5B engines to power 10 A320 family aircraft at a signing ceremony at the CFM International chalet at the Farnborough Air Show.

debis AirFinance, a fast-growing aircraft leasing company based in Amsterdam, is a subsidiary of Daimler Chrysler and major German banks. The new A320 family aircraft are part of its current expansion program and will help it realize it goals to become one of the leaders in the aircraft leasing and financing business. debis AirFinance boasts an impressive portfolio of 100 aircraft. The Airbus family forms a core part of the fleet which also includes Boeing and Fokker aircraft. The CFM56-5B engines, produced by CFM International, a 50/50 joint company between Snecma Moteurs (Safran Group) of France and General Electric of the United States, will power A319, A320 and A321 aircraft for debis AirFinance. The CFM56-5B's full interchangeability across the A320 family aircraft will provide debis AirFinance complete leasing market flexibility to match its customers' aircraft requirements. The same engine is also installed on the latest variant of the A320 family aircraft, the A318.

Mr. Frank Haspel, Managing Director and CEO of debis AirFinance had earlier mentioned that, "CFM engines have become extremely popular with our customers and the order we have now placed enables us to match our engine choice to future market needs". Mr. Haspel further stated that" CFMI global market presence and the high quality of the product have been the key factors in our decision to include the CFM56-5B engines into our fleet program on a larger scale."

Since entering service in 1994, the CFM56-5B engine has logged more than 3.2 million flight hours while maintaining industry-leading reliability, including a 99.96 percent dispatch reliability and a .003 in-flight shutdown rate.

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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