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!

Air Lease Corporation Places $520 Million Order for CFM LEAP-1B Engines - Takes total LEAP-1B orders to 208 engines [NYSE: AL] - AirLeaseCorp.com / CFMAeroEngines.com
Air Lease Corporation Places $520 Million Order for CFM LEAP-1B Engines

 

NewswireToday - /newswire/ - Farnborough, United Kingdom, 2014/07/15 - Takes total LEAP-1B orders to 208 engines [NYSE: AL] - AirLeaseCorp.com / CFMAeroEngines.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!


 

Air Lease Corporation today announced an order for a total of 40 LEAP-1B engines to power 10 new Boeing 737 MAX 8 aircraft as well as engines for 10 additional MAX 8 aircraft that were part of a previously unidentified order. CFM values the total order at $520 million U.S. at list price.

“We believe the LEAP-1B-powered Boeing 737 MAX 8 aircraft will be a key part of our fleet going forward,” said Steven F. Udvar-Házy, Air Lease Corporation’s Chairman and Chief Executive Officer. “These advanced technology engines deliver higher efficiency and reliability, which is paramount to the operational stability and success of our airline customers.”

Air Lease Corporation (ALC) specializes in purchasing new commercial aircraft and leasing them to its airline customers worldwide through customized leasing and financing solutions.

The LEAP-1B, which is the sole powerplant for the Boeing 737 MAX, began ground testing in June 2014 three days ahead of schedule. The engine is part of the most extensive ground and flight test certification program in the company’s history and will encompass 60 engine builds over the next three years and will accumulate approximately 40,000 cycles before entry into service.

“We have every confidence that the LEAP engine will quickly become a valued asset in the Air Lease portfolio,” said Jean-Paul Ebanga, president and CEO of CFM International Jean-Paul Ebanga. “As we continue to test these engines, our confidence in the technology choices we have made continues to grow as does our assurance that the LEAP product family will continue to be the engine of choice for single-aisle aircraft."

““We are very pleased that Air Lease continues to place its trust in CFM engines," said Chaker Chahrour, vice president and general manager of Global Sales & Marketing for CFM parent company GE Aviation. "Reliability and operating economics are more important for airlines than ever. This vote of confidence from ALC signifies that they believe the LEAP-1B will deliver on both of those metrics."

About Air Lease Corporation
ALC (airleasecorp.com) is a leading aircraft leasing company based in Los Angeles, California, that has airline customers throughout the world. ALC and its team of dedicated and experienced professionals are principally engaged in purchasing commercial aircraft and leasing them to its airline customers worldwide through customized aircraft leasing and financing solutions.

About CFM International
LEAP engines are a product of CFM International (cfmaeroengines.com), a 50/50 joint company between Snecma (Safran) and GE. CFM is the world’s leading supplier of commercial aircraft engines and has delivered more than 26,500 CFM56 engines to date.

Contacts
Jamie Jewell - T : 513.552.2790 / M : 513.885.2282 - E: jamie.jewell[.]ge.com
Rick Kennedy - T : 513.243.3372 / M : 513.607.0609 - 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!


Air Lease Corporation Places $520 Million Order for CFM LEAP-1B Engines

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!

Air Lease Corporation | CFM International
Publisher Contact: Giulia Lecarrié - Snecma.fr 
+33(0)1 69 87 09 29 / +33(0)6 42 40 17 19 (mobile) giulia.lecarrie[.]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:

Airbus Safran Launchers - 77th Consecutive Successful Launch for Ariane 5
Norway’s Widerøe to be the E190-E2 Launch Operator
Hispasat 36W-1 Put in Orbit with the New Generation Digital Payload RedSAT Led by Thales Alenia Space Spain
Airlink Becomes First South African Airline to Acquire Embraer E-Jets
Safran and Zodiac Aerospace - A New Global Leader in Aerospace
Iridium Announces Successful First Launch of Iridium NEXT Satellites
Embraer Reaches Targets with Delivery of 108 Commercial Jets and 117 Executive Jets in 2016
Leonardo Strengthens its Position in the UK as it Begins Operating as Leonardo MW Ltd - A New Single Entity for its UK-based Operations
Airlines Expect Huge Growth Opportunities in Adopting Digital Technologies and Offering Ancillary Products Finds Frost & Sullivan
Leonardo-Finmeccanica Announces Successful First Flight for the New Aermacchi M-345
Embraer Delivers First Legacy 450 to Canada’s AirSprint
Leonardo and CNSAS Lay the Foundations of Future Helicopter Rescue through Cooperation Agreement for Joint Development of New Capabilities
CFM LEAP-1C Integrated Propulsion System Achieves Joint EASA / FAA Certification
China’s AC352 Completes First Flight with WZ16 Engine
Leonardo-Finmeccanica Announces Two Additional AW119Kx EMS Helicopters Sold to Life Link III

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  JobsWare.com





 
  ©2017 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)