Safran : CFM logs $15.7 billion in orders at 2018 Farnborough Airshow (english only)
July 19, 2018 at 11:17 am EDT
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FARNBOROUGH, England - 19 July 2018 - CFM International announced orders and commitments for just over 858 LEAP and CFM56 engines at the 2018 Farnborough Airshow, in addition to long-term services agreements, at a total value of $15.7 billion U.S. list price.
'It has been a great year so far for CFM,' said Gaël Méheust, president and CEO of CFM International. 'We just delivered the 1,000th LEAP engine, the fleet has logged more than 1.5 million flight hours, and we have the highest daily utilization in this thrust class. That means our customers have the flexibility to operate their assets when they want, where they want, as often as they want. Our customers and their operations are always at the forefront of everything we do, and we could not be more honored by the confidence they continue to show in our products and services.'
A recap of the week's activities - all values are $ U.S. at list price:
Hongtu Airlines CFM56-5B engines & RPFH* $408 million
Vistara LEAP-1A engines $375 million
Loong Air CFM56-5B & LEAP-1A RPFH $500 million
STARLUX LEAP-1A engines & RPFH $220 million
Comair LEAP-1B RPFH $160 million
Aviation Capital Group LEAP-1A & LEAP-1B engines $848 million
Air Lease Corporation LEAP-1A & LEAP-1B engines $3.3 billion
Aeromexico LEAP-1B RPFH $2.3 billion
Goshawk LEAP-1B engines $580 million
CALC CFM56-5B & LEAP-1A engines $550 million
Jackson Square Aviation LEAP-1B engines $870 million
TAROM LEAP-1B engines $145 million
Gol LEAP-1B engines $435 million
Jet Airways LEAP-1B engines $2.2 billion
VietJet LEAP-1B engines $2.9 billion
Seacons Trading LEAP-1B engines $29 million
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Safran SA published this content on 19 July 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 July 2018 15:16:02 UTC
Safran is a high technology international group, a leading equipment provider in the Aerospace and Defense markets. The group specializes in the design, manufacturing, and marketing of equipment and systems of high technology mechanical and electronic equipment. Net sales break down by product family as follows:
- aeronautic and space propulsion systems (51.2%): helicopter motors (No. 1 worldwide), civil and military airplanes motors, systems for space lancers and missiles, turboreactors for drone targets, etc.;
- aircraft equipment, defense systems and aerosystems (38%): airplane engine pods, landing gear, braking systems, electric wiring systems, etc. Safran also offers on board aircraft systems and equipment (primarily evacuation slides, emergency arresting systems, protective parachutes and oxygen systems, electrical power management systems, control systems, water and waste management systems and connectivity systems) and defense and security systems (helicopter flight controls, fingerprint-based biometric identification systems (No. 1 worldwide), inertial systems, optronic systems, tactical drone systems, etc.);
- aircraft interiors (10.7%): cabin interiors and seats;
- other (0.1%).
Net sales are distributed geographically as follows: France (19.4%), Europe (24%), the Americas (34.8%), Asia and Oceania (13.2%), Africa and the Middle East (8.6%).
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