CFM International Logs More Than $850 Million In Orders at Farnborough Air Show
(Source: CFM International; issued July 20, 2006)
FARNBOROUGH --- CFM International logged orders for its CFM56 product line valued at more than $850 million at list price.

CFM International (CFM) is a 50/50 joint company between Snecma and General Electric Company and is the industry’s leading supplier of aircraft engines for commercial and military transport aircraft with order for more than 19,000 orders from more than 450 customers worldwide.

Indonesian carrier Lion Air firmed option orders for 30 additional CFM56-7B-powered Boeing 737-900ER aircraft. The engine order is valued at $360 million at list price. The airline, which placed an initial order for 30 aircraft in July 2005, will begin taking delivery of the new 737s in the first half of 2007.

Shannon Engine Support (SES) placed a $240 million order for 40 CFM56-7B spare scheduled for delivery between late 2006 and 2010.

Aviation Capital Group (ACG), the wholly owned subsidiary of Pacific Life Corp., ordered 14 CFM56-7B-powered Boeing Next-Generation 737-800s at a value to CFM of $170 million

Lan Airlines placed a $48 million order for CFM56-5C/P kits to upgrade 18 installed and spare engines powering its fleet of Airbus A340-300 aircraft. The airline is schedule to begin taking delivery in July 2006. The CFM56-5C/P has been performing exceptionally well in service, delivering better fuel burn and longer time on wing than the base CFM56-5C engine. Customers have ordered a combined total of 38 upgrade kits, of which 34 have been delivered to date.

International Lease Finance Corporation expanded its CFM56-7B-powered 737 fleet to 420 aircraft with an order for six additional 737-800s. The engine order is valued at approximately $75 million.

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