MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday 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!

ILFC Expands Leap Engine Order for Total of 60 Airbus A320neo Family Aircraft - International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today that it has expanded its order for CFM International’s LEAP-1A engines - ILFC.com
ILFC Expands Leap Engine Order for Total of 60 Airbus A320neo Family Aircraft

 

NewswireToday - /newswire/ - Paris, Ile de France, France, 2013/06/18 - International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today that it has expanded its order for CFM International’s LEAP-1A engines - ILFC.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!


 

International Lease Finance Corporation (ILFC), a wholly owned subsidiary of American International Group, Inc. (NYSE: AIG), announced today that it has expanded its order for CFM International’s LEAP-1A engines to power an additional 20 Airbus A320neo Family aircraft, bringing the total of its LEAP-powered A320neo Family aircraft to 60. The aircraft are scheduled for delivery beginning in 2016. This newest engine order is valued at $260 million U.S. at list price.

“Expanding our order for the LEAP engines to power more of ILFC’s Airbus A320neo Family aircraft is a reflection of our company’s long-standing commitment to providing our global customers with a choice of the industry’s most technologically advanced products,” said ILFC Chief Executive Officer Henri Courpron. “CFM is our largest aircraft engine supplier, and we continue to look to the manufacturer’s future engine generation for advancements in new technologies that offer operational and economic efficiencies for our customers’ fleets.”

“This order is a continuation of what has already been a phenomenally good relationship,” said Kevin McAllister, vice president of sales for CFM parent company GE Aviation. “We are excited to bring all of the benefits of LEAP technology ─ double-digit improvements in fuel burn, noise, and carbon and NOx emissions with CFM reliability ─ to ILFC and its customers.”

“We believe these engines will prove to be real assets for ILFC and its lessees.” said President and Chief Executive Officer of CFM International Jean-Paul Ebanga. “The more testing we do, the more confident we become that the LEAP family is a more than worthy successor to the CFM56 engines and will become a critical part of airline fleets around the globe.”

CFM International (CFM) has set aggressive technical targets for the LEAP program and testing to date confirms that the engine is meeting those goals. Compared to today’s best engines, LEAP engines are expected to provide ILFC customers with 15 percent better fuel efficiency, which equates to an equal reduction in CO2 emissions; a 50 percent margin compared to today’s oxides of nitrogen (NOx) requirements; and meet the newly announced 2018 ICAO noise requirements with significant margin, all with CFM’s legendary reliability and comparable maintenance costs.

About CFM
The LEAP engine family is a product of CFM International, a 50/50 joint company between Snecma (Safran) and GE. CFM (cfmaeroengines.com) is the world’s largest commercial aircraft engine supplier, and the company has delivered 25,000 engines to more than 530 operators around the globe. The CFM56 fleet has logged more than 635 million flight hours in the past 30 years as the most reliable engines in the air.

About ILFC
International Lease Finance Corporation (ILFC.com) is a global market leader in the leasing and remarketing of commercial aircraft. With approximately 1,000 owned and managed aircraft and commitments to purchase 293 new high-demand, fuel-efficient aircraft, ILFC is the world’s largest independent aircraft lessor. ILFC has approximately 200 customers in more than 80 countries and provides part-out and engine leasing services through its subsidiary, AeroTurbine. ILFC operates from offices in Los Angeles, Amsterdam, Beijing, Dublin, Miami, Seattle, and Singapore. ILFC is a wholly owned subsidiary of American International Group, Inc. (AIG).

About AIG
American International Group, Inc. (AIG.com) is a leading international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.

Contacts:
ILFC
Paul Thibeau
T: 310.788.1999 - E: pthibeau[.]ilfc.com

CFM International
Jamie Jewell
T: 513.552.2790 / M: 513.885.2282 - E: jamie.jewell[.]ge.com.

Rick Kennedy
T: 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 NewswireToday 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!


ILFC Expands Leap Engine Order for Total of 60 Airbus A320neo Family Aircraft

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 NewswireToday and LINK as the source.
 
Publisher Contact: Giulia Lecarrié - Snecma.fr 
+33(0)1 69 87 09 29 / +33(0)6 42 40 17 19 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:

Leonardo Extends its Training Services Capabilities to Rotorcraft Unmanned Aerial Systems
Cassio Aircraft Flight Testing is Underway with Safran’s ENGINeUS™ Electric Motors
SUTD and Thales Collaborate to Accelerate the Development of Smart Aviation Technologies
The Federal Aviation Administration Selects Thales Secondary Radar Technology for the Mode S Beacon Replacement System Contract
Leonardo & Codemar S.A. - A New Joint Venture Focused on Security and Resilience, Infrastructure Management, and Helicopter-based Services
FlytX, Thales’ New Connected Avionics Suite Selected by VR-Technologies for its Civil Helicopter
Leonardo - Contract with Suzuyo for the Establishment of Comprehensive AW139 Training Capabilities in Japan
Airbus, Air France, Safran, Suez and Total Welcome Advancements in Favour of A Sustainable Aviation Biofuel Industry in France
Leonardo’s Falco Xplorer Drone Completes First Flight
Leonardo Awarded Contract for 32 TH-73A Helicopters By U.S. Department of Defense
Thales and Dassault Aviation Win Contract for France's New Strategic Airborne Intelligence Programme
Safran Wins Landing Gear MRO Contract for EasyJet Airbus A320 Family Fleet
Leonardo and the 'Federico II' University Launch the Aerotech Academy for Engineering Studies in March 2020
Aerion Supersonic Announces Agreement with International High-Technology Group, Safran
ÉTS and Safran Inaugurate the Safran Industrial Research Chair on the Development of Sustainable Aero-Propulsion Systems

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  RightITnow, Inc.





 
  ©2020 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR 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 newswiredistribution 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)