Web Notifications

SaltWire.com would like to send you notifications for breaking news alerts.

Activate notifications?

Avolon orders 14 CFM LEAP-1A engines in order worth $2 billion

STORY CONTINUES BELOW THESE SALTWIRE VIDEOS

Two accused teenagers to remain in custody for at least two more weeks | SaltWire #newsupdate #news

Watch on YouTube: "Two accused teenagers to remain in custody for at least two more weeks | SaltWire #newsupdate #news"

PARIS (Reuters) - Aircraft leasing and lease management services company Avolon has ordered 140 CFM LEAP-1A engines to power 70 Airbus A320neo planes, in a deal worth $2 billion at list prices.

The order represents Avolon’s largest ever engine order to date, and one of CFM’s biggest ever engine transactions with a lessor for the LEAP engine, CFM and Avolon said on Tuesday.

CFM International is a 50/50 joint company between GE and Safran Aircraft Engines.

(Reporting by Sudip Kar-Gupta; Editing by Mark Potter)

Share story:
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT