Ryanair chooses CFM engines for new Boeing jets

25th February 2005, Comments 0 comments

PARIS, Feb 25 (AFP) - The Irish low-cost airline Ryanair has chosen engines made by CFM International to power the 70 Boeing 737 jets it has just ordered, a statement by CFM's parent groups GE and Snecma said Friday.

PARIS, Feb 25 (AFP) - The Irish low-cost airline Ryanair has chosen engines made by CFM International to power the 70 Boeing 737 jets it has just ordered, a statement by CFM's parent groups GE and Snecma said Friday.

The value of the CFM56-7 engines was estimated at USD 900 million (EUR 680 million) based on their catalogue price, which serves more as a reference than as an indicator of the actual price paid, particularly for large orders.

CFM International was formed in 1971 by General Electric of the United States and the French state-owned aerospace group Snecma.

On Thursday, Ryanair announced it would buy 140 Boeing 737-800 short-haul passenger jets, including 70 firm orders worth USD 4 billion (EUR 3 billion), with deliveries ranging between 2008 and 2012.

The deal was aimed at helping the Irish carrier reduce operating costs and cement its position as the leading low-cost airline in Europe.

© AFP

Subject: French News

0 Comments To This Article