GE Aerospace JV CFM wins FlyOne Armenia engine order
Seeking Alpha ·
GE Aerospace ( GE ) on Wednesday said its CFM International joint venture with France's Safran ( SAFRF )( SAFRY ) signed a memorandum of understanding with FlyOne Armenia to supply four LEAP-1A engines to power two Airbus A321neo aircraft. The engine agreement supports an aircraft
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CFM International, a joint venture of GE Aerospace, has signed an MOU with FlyOne Armenia to supply four LEAP-1A engines for two Airbus A321neo aircraft. This contract demonstrates sustained demand in the commercial aircraft engine sector and is expected to lead to revenue growth for related companies. Investors should monitor delivery performance and the increasing trend of engine order backlogs.
상승 영향
- Aerospace — Revenue growth in the aircraft parts and engine manufacturing sector is expected due to CFM's additional LEAP-1A engine orders.
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