FARNBOROUGH, England, July 16 Safran said an order from China's Hainan Airlines to supply CFM International engines to power 50 Boeing 737 MAX 8 planes will be worth $1.3 billion at list prices.
The carrier announced the commitment to buy the narrow-body planes at Farnborough Airshow earlier on Wednesday. The purchase is subject to approval from the Chinese government.
CFM is a joint venture between France's Safran and General Electric. (Reporting by Victoria Bryan; Editing by Mark Potter)