Qantas Chooses CFM Engines To Power 78 A320neo Aircraft

Date : 04/19/2012 @ 8:15PM
Source : Dow Jones News
Stock : General Electric Company (GE)
Quote : 25.91  0.0 (0.00%) @ 6:24AM

Qantas Chooses CFM Engines To Power 78 A320neo Aircraft

Qantas Airways (ASX:QAN)
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Qantas Airways Ltd. (QAN.AU) said Friday that it has chosen engines made by CFM International, a joint venture between General Electric Co. (GE) and Safran SA (SAF.FR), to power its fleet of A320neo aircraft.

Qantas has ordered 78 of Airbus's upgraded and more fuel-efficient version of the A320.

Australia's flag carrier said CFM's LEAP-1A engines were chosen for the new aircraft because of their "performance, fuel efficiency and maintenance program".

Low-cost offshoot Jetstar is due to receive the airline's first A320neo in 2016.

CFM said in a statement that the order is worth $2 billion at list price.

-By Ross Kelly, Dow Jones Newswires; 61-2-8272-4692; Ross.Kelly@dowjones.com

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