Seeking Alpha

Lufthansa chooses GE, Safran for €1B engine order

  • CFM International, the JV between General Electric (GE) and Safran, has received an order from Lufthansa (DLAKY) worth over €1B ($1.4B) at list prices for LEAP-1A engines to power 40 Airbus A320 neo jets.
  • It seems that Lufthansa's strategy is to not rely on just one supplier, as it had picked Pratt & Whitney's PW1199G engines for 60 other planes in the booking.
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