Dubai Aerospace Enterprise makes USD945 million CFM engine order
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(CAPA FREE) Dubai Aerospace Enterprise (DAE) announced that it will purchase 70 CFM56-7B-powered Boeing 737NGs aircraft for its DAE Capital aircraft leasing and finance unit. The engine order is valued at approximately USD945 million at list price and deliveries are scheduled between 2010 and 2015.
CFM International is a 50/50 joint company between Snecma (SAFRAN Group) and General Electric Company. The company is the world’s leading supplier of commercial aircraft engines, with more than 17,600 delivered to nearly 500 operators around the globe.
DAE, which was established in Dubai in February 2006, is a growing global aerospace, manufacturing and services corporation. The company has formed six core divisions spanning research and development, manufacturing, engineering, operations, maintenance, repair and overhaul, aircraft leasing and aerospace services.
All of DAE’s new CFM56-7B engines will be in the Tech Insertion configuration, which incorporates advanced technologies developed and validated as part of Project TECH56. Improved analytic design tools developed as part of this program have enable CFM to further optimize the Tech Insertion combustor so that it will provide 25 percent lower NOx emissions. In addition, the engine’s 1 percent improvement in fuel consumption will also lower CO2, reducing these emissions by 200 tons per aircraft per year.
Over the engine’s life cycle, Tech Insertion will also provide operators with longer time on wing and will lower maintenance costs by between five and 12%, depending on the thrust rating. These benefits are achieved through improvements to the high-pressure compressor and the high- and low-pressure turbines.
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