CFM on track for another record year
2014 is on track to be another record year for CFM International (CFM) with the company logging orders for a total of 2,071 engines through June, including 1,017 CFM56 engines (commercial, military and spares) and 1,054 LEAP engines.
• Orders to date valued at about $25 billion U.S. at list price
• Production will reach historic high 1,550 engines by year end
FARNBOROUGH, England - 2014 is on track to be another record year for CFM International (CFM) with the company logging orders for a total of 2,071 engines through June, including 1,017 CFM56 engines (commercial, military and spares) and 1,054 LEAP engines.
The current record, set in 2013 was for 2,723 engines valued at more than $31 billion U.S. at list price.
2014 order highlights to date include:
– Delta: 15 CFM56-5B-powered Airbus A321ceos
– flydubai: 75 LEAP-1B-powered Boeing 737 MAX 8s
– Lufthansa: 40 LEAP-1A-powered Airbus A320neos
– Nok Air: 8 CFM56-7B-powered Boeing 737-800s and 7 LEAP-1B-powered 737 MAX 8s
– Sun Express: 25 CFM56-7B-powered Boeing Next-Generation 737s
– Turkish: 15 LEAP-1B-powered Boeing 737 MAX 8s
– VietJet: 21 CFM56-5B-powered Airbus A320ceos
"2013 was a big year for us in so many ways and 2014 looks to be just as strong." said Jean-Paul Ebanga, president and CEO of CFM International. "The LEAP engine continues to enjoy the highest order ramp up in commercial aviation history and we are still more than two years away from entry into service. At the same time, CFM56 engine orders are still solid. For us, this reinforces the industry's confidence in this product and, more specifically, the way that CFM56 engines hold their value long term."
As the company logs record commitments, CFM is also achieving historic production rates for the CFM56 product line. The company delivered 1,502 CFM56 engines in 2013 and is on track to deliver 1,550 by year end 2014. This already represents the highest production rate in the industry, but plans are already in place to reach more than 1,800 engines per year by 2020 as the company transitions from CFM56 to LEAP engine production.
About CFM International
The CFM56 and LEAP engines are products of CFM International, a 50/50 joint company between Snecma (Safran) and GE. CFM is the world's leading supplier of commercial aircraft engines, with more than 26,500 delivered to 530 operators around the globe. The company CFM officially launched the LEAP engine, which is its first all-new centerline engine in nearly 40 years, in 2008.