Monday, January 23, 2012

CFM reports $51.7bn in orders/commitments for 2011

CFM International (CFM) had a record year in 2011, logging orders for 1,500 commercial, military and spare CFM56 engines and commitments for 3,056 LEAP engines for a combined value of US$51.7 billion at list price. CFM International, a 50/50 joint company of Snecma (Safran group) and GE, produces the highly popular CFM56 engine family. CFM is developing a new engine family, under the brand name LEAP, which will enter service in 2016. (Source: avitrader.com)