FARNBOROUGH, England -- CFM International booked orders for 540* new CFM56-5B and CFM56-7B engines during the 2008 Farnborough Air Show, in addition to inking a materials and service agreement with ST Aerospace. These agreements are valued at more than $5 billion U.S.
CFM56 engines are produced by CFM International, a 50/50 joint company between Snecma (SAFRAN Group) and General Electric Company. The company has just announced the extension of the relationship agreement through the year 2040.
An orders recap:
- Pakistan's AirBlue ordered CFM56-5B engines to power 14 Airbus A320 aircraft. The airline also signed an integrated services package to cover the maintenance, overhaul, and repair of this fleet.
- Aeroflot ordered CFM56-5B engines to power 5 Airbus A321s.
- Air China ordered 30 CFM56-7B-powered Boeing Next-Generation 737s.
- Arik ordered seven CFM56-7B-powered Boeing Next-Generation 737s.
- Aviation Capital Group (ACG) CFM56-5B engine to power 25 firm Airbus A320 family aircraft. The leasing company also orders 15 CFM56-7B-powered Boeing 737-800 aircraft.
- Dublin-based AWAS chose CFM56-5B engines to power 45 firm and up to 55 option A320 aircraft.
- British Airways has ordered CFM56-5B engine to power two Airbus A318 aircraft.
- China Southern Airlines CFM56-5B engines to power 20 Airbus A320 family aircraft, and back the engine purchase with a long-term material services agreement.
- The Dubai government's new low-cost carrier, FlyDubai, ordered 50 CFM56-7B-powered Boeing Next-Generation 737-800 and 737-900 aircraft.
- Malaysia Airlines ordered 35 CFM56-7B-powered Boeing 737s.
-Saudi Arabian Airlines selected the CFM56-5B engine to power 22 new Airbus A320 family aircraft.
- CFM International (CFM) has inked a series of agreements with Singapore Technologies Aerospace Ltd. (ST Aerospace) valued at $1.5 billion U.S. in support of ST Aerospace's CFM56-3, CFM56-5B and CFM56-7B maintenance, repair and overhaul (MRO) operations. These agreements include a comprehensive 10-year materials services agreement that encompasses component repairs and the provision of both new and used serviceable materials for life-limited and non-life limited parts for the CFM56 engine.
In addition, CFM International also launched the TRUEngineTM designation to help the industry more accurately appraise used CFM56 engines and to enhance the resale value of these assets. This designation is available to all CFM56 engines meeting the criteria. To date, more than 1,600 engines from Continental Airlines, Southwest Airlines, and KLM Royal Dutch Airlines have been granted TRUEngineTM status.