Snecma sees over 1,200 CFM engine deliveries in 2010

COLOGNE, Germany, June 23 (BestGrowthStock) – The world’s largest
jet engine maker, CFM International, expects to deliver at least
1,200 engines in 2010 and is pulling in satisfactory orders as
aviation exits recession, a senior executive said on Wednesday.

CFM, which is jointly owned by General Electric (GE.N: ) and
Snecma, a unit of French aerospace firm Safran (SAF.PA: ), is the
sole engine supplier on the best-selling model of Boeing
aircraft, the 737, and also fits engines for Airbus (EAD.PA: ).

The joint-venture delivered 1,263 engines in 2009.

“Deliveries are in line with our forecasts. At this stage of
the year, we expect to be able to deliver more than 1,200 CFM
engines in 2010,” Snecma Chief Executive Philippe Petitcolin
told Reuters in an interview.

“New orders are satisfactory despite the crisis,” he added.

Petitcolin was speaking at a certification ceremony for the
engines for Russia’s Superjet regional passsenger jet, in which
Snecma is a partner.

Manufacturer Sukhoi has sold about 100 of the twin-engined
75-95 seat aircraft but Petitcolin said he hoped this would rise
to the equivalent of 400 planes.

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(Reporting by Matthias Blamont)((+331 4949 5452
[email protected]))

Snecma sees over 1,200 CFM engine deliveries in 2010