PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Safran Group

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

2011 Record Year for CFM with $51.7 Billion U.S. in Orders/Commitments - Continues to Increase Production Rates to Record Highs - 1,500 CFM56 engine orders; 3,056 LEAP orders/commitments - Snecma.fr / Safran-Group.com
2011 Record Year for CFM with $51.7 Billion U.S. in Orders/Commitments - Continues to Increase Production Rates to Record Highs

 

NewswireToday - /newswire/ - West Chester, OH, United States, 2012/01/23 - 1,500 CFM56 engine orders; 3,056 LEAP orders/commitments - Snecma.fr / Safran-Group.com. PAR: SAF | SAFRAN

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

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 $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.

As the company logs record commitments, CFM is also achieving record production rates for the CFM56 product line. The company has built more than 1,000 engines per year since 2006, and the rate has grown steadily. In 2011, CFM delivered more than 1,300 engines, the highest rate in the industry, compared to 1,250 engines built in 2010. Current plans are to reach more than 1,600 engines per year by 2014.

"2011 was an outstanding year for CFM across the board,” said Jean-Paul Ebanga, president and CEO of CFM International. "By year end, we had solid orders for 1,500 CFM56 engines, which would make 2011 a good year in its own right. But we also received a significant number of LEAP orders in the last six months of the year.”

“We are expecting additional A320neo, 737 MAX, and C919 announcements in the next couple of months, so 2012 is already off to a very good start,” said Ebanga.“

Below is a recap of 3,056 LEAP commitments received in 2011 at a value of approximately $36.7 billion U.S. at list price:

LEAP-1A-powered Airbus A320neo (announced 2011): 465 airplanes / 930 engines (53% share of A320neo orders)
• AirAsia
• CIT Aerospace
• Garuda
• GE Capital Aviation Services (GECAS)
• ILFC
• Republic Airways Holdings
• SAS
• Virgin America – officially launched the LEAP-1A engine.

LEAP-1B-powered Boeing 737 MAX (announced 2011): 948 airplanes / 1,896 engines
• American Airlines
• Aviation Capital Group
• Lion Air
• Southwest Airlines - officially launched LEAP-1B
• Nine unannounced customers

LEAP-1C-powered COMAC C919 (announced 2011): 115 airplanes / 230 engines
• China Aircraft Leasing Corporation
• Bank of Communication
• ICBC Leasing
• Sichuan Airlines

LEAP-1C-powered COMAC C919 (announced 2010): 100 airplanes / 200 engines
• Air China
• CDB Leasing Company
• China Eastern Airlines
• China Southern Airlines
• GECAS
• Hainan Airlines

Highlights of 2011 CFM56 orders include:
• Total CFM56-5B engine orders: 394 (66 percent share of A320 orders)
• Total CFM56-7B engine orders: 1,012 (CFM sole source)
• 94 military engines and commercial spares
• Air Lease Corporate
• American Airlines
• Delta Airlines
• Hainan
• Southwest Airlines
• UTair
• Virgin America.

For more information, contact:
Jamie Jewell
M: 513.885.2282 / P: 513.552.2790 - E: jamie.jewell[.]ge.com.

Rick Kennedy
M: 513.607.0609 / P: 513.243.3372 - E: rick.l.kennedy[.]ge.com.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Aviation/Aerospace Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Safran Group

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Aviation/Aerospace articles,
CATCH Visitors via Your Competitors Announcements!


2011 Record Year for CFM with $51.7 Billion U.S. in Orders/Commitments - Continues to Increase Production Rates to Record Highs

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Snecma (Safran Group) | Safran Group
Publisher Contact: Antoinette Menard - Snecma.fr 
+33(0)6 74 78 10 65 antoinette.menard[.]snecma.fr
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Safran Group securities in any jurisdiction including any other companies listed or named in this release.

Aviation/Aerospace via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Safran Group / Company Profile


Read Aviation/Aerospace Most Recent Related Newswires:

Mécafi Inaugurates New Plant to Make Guide Vanes for Safran Aircraft Engines
Embraer Delivers its 1,300th E-Jet to Tianjin Airlines
Thales Alenia Space and SENER Begin their Business Alliance in Optical Payloads for Space Missions
Saab and Embraer Inaugurate the Gripen Design and Development Network in Brazil
AMES Launches New Nacelle and Aerostructure Repair, Overhaul Services Capabilities
Leonardo - SW-4 ‘Solo' Rotary Wing Unmanned Air Vehicle and Advanced Airborne Sensors at Unmanned Warrior 2016
Embraer Signs Agreements with United Airlines and Republic Airways
GE Assigned Maintenance Role for Systems on F-35 Aircraft in Australia
Frost & Sullivan Commends Airbus DS Communications for Adding High Value to the NG911 Market with its VESTA® Solution Suite
Thales Alenia Space Completes the Acquisition of RUAG’s Opto-electronics Business Line
Thales to Equip Avionics Systems on China Southern Newest Boeing 737 Fleet
Thales to Equip Avionics Systems on 180 Newest China Eastern Single Aisle Boeing and Airbus
Leonardo Wins Contract in China to Provide Air Traffic Control Radars
Safran's Silvercrest Engine Selected by Cessna to Power its New Citation Hemisphere Large-cabin Business Jet
Leonardo Announces Contract with Airbus for the New A321 Fuselage

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  BizJobs.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)