CFM, a GE co. receives Qantas engine contract worth $2B - Cincinnati News, Weather, Sports from FOX19 NOW-WXIX

CFM receives engine contract worth $2B

WEST CHESTER, OH (FOX19) -

A local GE subsidiary gets a big aviation contract.

On Thursday, The Qantas Group announced that it has selected CFM International's LEAP-1A engine to power 78 Airbus aircraft.  

The engine order is valued at $2.0 billion U.S. at list price, including spare engines.

The first aircraft are scheduled for delivery in 2016 and will support Jetstar, the low-fare subsidiary of the Qantas Group. 

"We are both honored and excited to launch this next phase of our relationship with the Qantas Group," said Jean-Paul Ebanga, president and CEO of CFM.  "We consider the benefits of LEAP technology, including better fuel burn and lower noise and emissions compared to today's best CFM56 engines, along with CFM's industry-leading reliability and low maintenance costs, will have a very positive impact on operational efficiency and help support their exciting growth plans."

CFM International is a 50/50 joint company owned by Snecma (Safran Group) and GE.

Copyright 2012 WXIX. All rights reserved.

  • FOX19 HeadlinesMore>>

  • Macron urges US to reject isolationism

    Macron urges US to reject isolationism

    Wednesday, April 25 2018 11:30 AM EDT2018-04-25 15:30:41 GMT
    Wednesday, April 25 2018 4:22 PM EDT2018-04-25 20:22:58 GMT
    (AP Photo/Pablo Martinez Monsivais). French President Emmanuel Macron gestures as he is introduced before speaking to a joint meeting of Congress on Capitol Hill in Washington, Wednesday, April 25, 2018.(AP Photo/Pablo Martinez Monsivais). French President Emmanuel Macron gestures as he is introduced before speaking to a joint meeting of Congress on Capitol Hill in Washington, Wednesday, April 25, 2018.
    French President Emmanuel Macron extolled the "special bond" between the United States and France during his speech in front of a joint meeting of Congress.Full Story >
    French President Emmanuel Macron extolled the "special bond" between the United States and France during his speech in front of a joint meeting of Congress.Full Story >
  • Lax vetting on Trump nominees begins to frustrate senators

    Lax vetting on Trump nominees begins to frustrate senators

    Wednesday, April 25 2018 12:47 AM EDT2018-04-25 04:47:40 GMT
    Wednesday, April 25 2018 4:22 PM EDT2018-04-25 20:22:52 GMT
    (AP Photo/Alex Brandon). CIA director Mike Pompeo and his wife Susan Pompeo arrive for a State Dinner with French President Emmanuel Macron and President Donald Trump at the White House, Tuesday, April 24, 2018, in Washington.(AP Photo/Alex Brandon). CIA director Mike Pompeo and his wife Susan Pompeo arrive for a State Dinner with French President Emmanuel Macron and President Donald Trump at the White House, Tuesday, April 24, 2018, in Washington.

    As President Donald Trump's pick to lead Veterans Affairs skids to a halt, senators from both parties are voicing frustration that the White House is skipping crucial vetting of nominees and leaving lawmakers to...

    Full Story >

    As President Donald Trump's pick to lead Veterans Affairs skids to a halt, senators from both parties are voicing frustration that the White House is skipping crucial vetting of nominees and leaving lawmakers to clean up the mess.

    Full Story >
  • Trump's travel ban likely to be upheld, justices indicate

    Trump's travel ban likely to be upheld, justices indicate

    Wednesday, April 25 2018 12:49 AM EDT2018-04-25 04:49:52 GMT
    Wednesday, April 25 2018 4:22 PM EDT2018-04-25 20:22:49 GMT
    (AP Photo/Jessica Gresko). In this April 23, 2018, photo, people wait in line outside the Supreme Court in Washington, to be in the gallery when the court hears arguments in on April 25, over President Donald Trump’s ban on travelers from several mostl...(AP Photo/Jessica Gresko). In this April 23, 2018, photo, people wait in line outside the Supreme Court in Washington, to be in the gallery when the court hears arguments in on April 25, over President Donald Trump’s ban on travelers from several mostl...

    The Supreme Court is saving one of its biggest cases for last, weighing President Donald Trump's ban on travelers from several mostly Muslim countries.

    Full Story >

    The Supreme Court is saving one of its biggest cases for last, weighing President Donald Trump's ban on travelers from several mostly Muslim countries.

    Full Story >
Powered by Frankly