Qantas is to confirm its long-expected order for the Airbus A350-1000 as part of its Project Sunrise project on May 2. The airline will also finalize the in-principle agreement for the A220 and A321XLR it announced in December. Qantas has scheduled a press event early...
CFM International has responded positively to the request of Airbus to ramp up the production of the LEAP engines and meet higher rates in 2024. CFM-parent Safran Group confirmed this during an earnings call on April 29 on the first-quarter results. This would mean...
GE Aviation and Safran expect the LEAP turbofan engine to reach breakeven margins in 2025. There will be a three-percent margin impact this year and in 2023 as the production transits from the CFM56 to the LEAP, but the numbers are looking good beyond 2023. CFM LEAP...
Airbus will assemble the A321XLR no longer just in Hamburg from 2023 but also at other production sites, it says on December 6 in an XLR program update. Until today, the European airframer has always stated that the ultra-long-range version of the A321 will be...
French aerospace giant Safran Group plans to ramp up production of its CFM LEAP engines to 2.000 per year from 2023. This is double the production of 2021 and also well over 1.736 engines it built in 2019, it announced on December 2 on its Capital Markets Day. LEAP...
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