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Aircraft industry

Lufthansa Signs Agreement with CFM International for Airbus A319 Engines

Strategic Insights

— 1 min read

Lufthansa Airlines has agreed to purchase CFM56-5A5 engines to power 20 firm Airbus Industrie A319 aircraft in a deal valued at approximately $200 million. This engine order with CFM International, a 50/50 joint company of Snecma and General Electric, marks a significant milestone in the long-term relationship between Lufthansa and CFMI. Lufthansa already operates over 200 CFMI-powered aircraft, with the CFM56 product gaining a 37% share of the commercial aircraft market over the past decade.

Key Takeaways:

  • Lufthansa has ordered 20 CFM56-5A5 engines to power Airbus A319 aircraft from CFM International, a joint venture between Snecma and General Electric.
  • The engine order is valued at approximately $200 million and is expected to be delivered to Lufthansa beginning in July 1996.
  • Lufthansa has a long-standing relationship with CFMI, operating over 200 CFMI-powered aircraft.
  • The CFM56-5 engine has secured 63% of the orders for the Airbus Industrie A319, A320, and A321 aircraft.
  • CFM International has achieved a 37% share of the commercial aircraft market for aircraft with over 100 passengers.
  • Klaus Huber, sales director for GE Aircraft Engines in Central Europe, welcomes the order, citing it as a vote of confidence in the CFM56 product.
  • More than 10,000 CFM56 engines are currently in service or on order with nearly 200 customers in 76 countries.

Statistics:

  • The CFM56-5 engine has secured 63% of the orders for the Airbus Industrie A319, A320, and A321 aircraft (838 orders in total).
  • Over 400 aircraft have been ordered, with 200 CFM56 engines in current service or on order with customers in 76 countries.
  • CFM International has achieved a 37% share of the commercial aircraft market for aircraft with over 100 passengers over the past decade.
  • More than 10,000 CFM56 engines are in service or on order with nearly 200 customers.
  • The CFM56 engine is produced by CFM International, a 50/50 joint company of Snecma and General Electric.
  • The engine order with Lufthansa is valued at approximately $200 million.

Sources:

  • [PRNewswire, June 12, 1995]
  • [GE Aircraft Engines]
  • [Snecma]

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