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.”
Joby Aviation has launched a week-long series of piloted electric air taxi demonstration flights across Florida, with its eVTOL aircraft operating in Tampa, Orlando, and along the Space Coast. Th...
Boeing forecasts that global air cargo traffic will double over the next two decades, driving the worldwide freighter fleet beyond 4,000 aircraft by 2045, according to its 2026 World Air Car...
Qantas has announced a major investment in its De Havilland Dash 8 turboprop fleet, reinforcing its long-term commitment to maintaining reliable air links across regional Australia. As part...
Boeing and Lufthansa Technik have extended their long-standing Tailored Parts Package agreement, reinforcing a partnership aimed at enhancing parts availability, simplifying supply...
