CFM confident of meeting LEAP engine target this year

Aircraft engine maker CFM is confident it will meet a target to deliver 1,100 LEAP engines this year, despite still being a few weeks behind schedule, executives said on Saturday. CFM, a joint venture between General Electric (GE.N) and Safran (SAF.PA), had said in May it was 4-6 weeks behind schedule. On Saturday, CFM officials said the delay had peaked at about 7 weeks but had since eased to 4-5 weeks. …read more

Source:: Yahoo Finance


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