50 SKY SHADES - World aviation news

CFM concludes $9.1 billion U.S. agreements during French state visit to China

Download: Printable PDF Date: 13 Jan 2018 09:35 category:
Publisher:
CFM concludes $9.1 billion U.S. agreements during French state visit to China - Manufacturer publisher
Tatjana Obrazcova
Country: China Aircraft: Airplanes

In conjunction with French President Emmanuel Macron’s state visit to China earlier this week, CFM International concluded agreements and Memorandums of Understanding for new engine orders and long-term support agreements covering nearly 500 CFM engines. The total value of the agreements is $9.1 billion U.S. at list price.

The agreements include:

Spring Airline: $2.9 billion covering installed and engines supported by a long-term Rate Per Flight Hour agreement.
Hainan Airlines: $4.2 billion MoU covering new and spare engines and a long-term support agreements.
Xiamen Airlines: 2.05 billion MoU covering installed and spare engines, along with a long-term Time and Materials support agreement.
Philippe Petitcolin, Chief Executive Officer of CFM parent company Safran, signing on behalf of CFM, said: “Our relationship with the Chinese aviation industry goes back more than 30 years, not only as a customer base but a very important supplier base. These new agreements strengthen our commitment to China and solidifies our relationships with our customers there, providing a strong foundation for even more cooperation in the future.”

Image result for cfm engines



Loading comments for CFM concludes $9.1 billion U.S. agreements during French state visit to China...


Recommended

airBaltic Pilot Academy’s First Students Start Studies

The Latvian airline airBaltictoday, on April 16, 2018, began studyprocess for the first group of students of airline’s newly established Pilot Academyat airBalticTraining. Th...

FACC introduces Aftermarket Services as a new business area

The leading aerospace company FACC taps into new business areas. Particularly noteworthy are the aftermarket services and airline business. Together with Austrian Airlines, an important launch custome...

Piper Announces Jet-A Powered Seminole

Piper Aircraft, Inc. announced today that they have selected the Continental Motors Group new CD-170 compression ignition engine fueled with Jet-A to power the Piper PA-44 Seminole. The world's le...

Fokker Techniek awarded first ever Airbus ACJ319neo VIP completion by K5-Aviation

On the first day of the Asian Business Aviation Conference & Exhibition, Fokker Techniek, a business of GKN Aerospace, has announced that it has signed a contract with long-term customer K5-Aviati...