BREAKING NEWS

Qatar Airways signs $4 billion CFM engine order

Qatar Airways signs $4 billion CFM engine order
FILE PHOTO: A Qatar Airways aircraft takes off at the aircraft builder's headquarters of Airbus in Colomiers near Toulouse, France, September 27, 2019. REUTERS/Regis Duvignau -
Copyright
REGIS DUVIGNAU(Reuters)
Text size Aa Aa

DUBAI (Reuters) – Qatar Airways has placed a $4 billion (£3.13 billion) jet engine order with CFM International to power its 50 Airbus <AIR.PA> A321neos.

CFM, owned by General Electric <GE.> and France’s Safran <SAF.PA>, will supply LEAP-1A engines for the A321neos ordered by the state-owned carrier.

“We chose the LEAP engine based on its proven efficiency in commercial operations,” Qatar Airways Chief Executive Akbar al-Baker said in a statement on Wednesday.

Qatar Airways ordered United Technologies Corp’s <UTX.N> Pratt & Whitney engines for its initial order of A320neo jets which it upgraded in 2017 to the larger A321 version.

The status of the Pratt & Whitney order was not immediately clear. Qatar Airways did not respond to a request for immediate comment.

Qatar Airways threatened to walk away from the A320neo order in 2016, including cancelling the Pratt & Whitney deal, over performance issues before it eventually swapped it for the larger jets.

(Reporting by Alexander Cornwell; editing by Jason Neely)

euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.
Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.