Avolon Places $2.1 Billion Engine Order With CFM International
18 June 2019 - 11:17PM
Dow Jones News
By Nathan Allen
Dublin-based aircraft leasing company Avolon said Tuesday that
it has placed an order with a nominal value of $2.06 billion for
LEAP-1A engines from engine maker CFM International.
CFM International--a joint venture between General Electric
Co.'s (GE) aviation subsidiary and SAFRAN SA's (SAF.FR) engines
division--will supply engines to power 70 Airbus (AIR.FR) A320neo
aircraft, it said.
Avolon said the contract represents its largest-ever engine
order.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
June 18, 2019 09:02 ET (13:02 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.