Paris Air Show Yields $50.2 Bn in Orders for CFM

New records both in terms of total engines and total value

CFM International announced orders and commitments for more than 1,150 LEAP engines during the 2019 Paris Airshow, along with long-term services agreements, for a total value of approximately $50.2 billion U.S. at list price.

"It has been an absolutely incredible week," said Gaël Méheust, president and CEO of CFM International.   "We have had follow-on orders from long-time customers while welcoming new LEAP operators, including IndiGo for the LEAP-1A and the recently announced letter of intent from IAG for 200 Boeing 737 MAX airplanes for which we look forward to finalizing the LEAP-1B portion of the deal.

"For all the orders we received this week, we cannot say thank you enough to our customers.  The level of confidence they continue to show in us and in our products is truly humbling.  Our job now – as always - is to earn that trust, both by word and by deed, every day."

A recap of the week's activities:

  • AirAsia -- 200 LEAP-1A engines & expanded Rate Per Flight Hour
  • ALAFCO -- 60 LEAP-1A engines
  • Avolon Leasing -- 140 LEAP-1A engines
  • CDB Leasing -- 90 LEAP-1A engines
  • Color Guizhou Airlines -- LEAP-1A Rate Per Flight Hour agreement
  • IndiGo -- 560 LEAP-1A engines, plus spares
  • Macquarie Finance -- 40 LEAP-1A engines
  • Peach Aviation -- 20 LEAP-1A engines                                  
  • SMBC Capital -- 40 LEAP-1A engines
  • Zhejiang Loong Air -- LEAP-1A Rate Per Flight Hour agreement

Source: Safran S.A. (Paris: SAF.PA)
Date: Jun 19, 2019