CFM just announced an important win for their LEAP engine. The Qantas Group today announced that it has selected CFM International’s advanced LEAP-1A engine to power 78 A320neo currently on order. The engine order is valued at $2 billion list prices, including spares. Today’s announcement takes total LEAP orders and commitments to more than 3,500 engines.
The first aircraft are scheduled for delivery in 2016 and will support Jetstar, the low-fare Qantas subsidiary. Qantas has been a CFM customer for more than two decades with 737.
After comments I’ve seen lately, I just hope its a profitable deal for CFM. Not buying market share at any costs. The industry benefits from healthy competition.