AerCap Places $2.7 Bn CFM LEAP-1B Order

AerCap Holdings N.V. today announced an order for 200 CFM LEAP-1B engines to power 100 737 MAX aircraft. The order is valued at $2.7 billion U.S. at list price.

"Our relationship with CFM International is an important one," said Margaret Kim, vice president of AerCap. "Our customers value the reliability and low cost of ownership the CFM56 engines bring to their operations and we are excited to add the new LEAP-1B-powered Boeing 737 MAX into our portfolio."

"We honored to be associated with AerCap and very pleased that CFM plays such an important role in its continued growth and long-term success," said Jean-Paul Ebanga, president and CEO of CFM International. "We appreciate the close working relationship we share."

Source: Safran S.A. (Paris: SAF.PA)
Date: Jun 16, 2015