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CFM Signs $21.4 Bln In New Deals At Farnborough Air Show

CFM International, a 50/50 joint company between Snecma and General Electric Co. (GE), said Thursday that it has signed orders, commitments, and long-term service agreements for a total of 1,062 engines at the 2014 Farnborough Air Show in England.

Among others, easyJet has selected CFM's LEAP-1A engine to power 100 Airbus A320neo family aircraft and the CFM56-5B engine to power 35 A320ceo aircraft. Also, American Airlines has selected the LEAP-1A engine to power 100 Airbus A320neo aircraft.

"What an incredible week," said Jean-Paul Ebanga, president and CEO of CFM International. "We started the show predicting that 2014 would be another record year; that prediction came true in a big way. As of today, we have total orders and commitments for more than 3,000 engines. And it is still only July."

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