Analyst Research

Report Title Price
Provider: Finlabo SIM Spa
$10.00
Provider: Reuters Investment Profile
$20.00
Provider: GlobalData
$125.00
Provider: GlobalData
$125.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Safran SA and General Electric Co Joint Venture CFM International Awarded USD 2.8 Billion Contract by Etihad Airways


Saturday, 16 Nov 2013 07:00pm EST 

Safran SA announced that Etihad Airways, the national airline of the United Arab Emirates, has selected the1A engine from CFM International (50/50 owned by Safran SA's Snecma and General Electric Co) to power 26 Airbus A321neo scheduled to begin delivery in 2018. The order is valued at USD 2.8 billion at list price, including a long-term services agreement. To support the new fleet, Etihad has signed a 15-year Rate per Flight Hour (RPFH) agreement, under the terms of which CFM will guarantee maintenance costs on a dollar per engine flight hour basis. 

Company Quote

46.87
0.87 +1.89%
11:35am EDT