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Monday, August 08, 2016 12:23:43 PM
Safran monitoring Leap ramp-up
02 AUGUST, 2016 BY: DOMINIC PERRY LONDON
Safran is keeping a close eye on the production ramp-up of the CFM International Leap engine series as it works to meet demanding delivery targets over the coming years.
The CFM joint venture, in which the French engine maker is an equal shareholder with GE Aviation, has so far delivered 11 production engines – all Leap-1As to Airbus – from a five-figure backlog across three variants.
"We have 11,100 on order. We have delivered only 11, so we still have a lot on our plate," Phillipe Petitcolin, Safran chief executive, said during a 29 July half-year earnings all.
The production schedule foresees the joint-venture handing over around 100 engines in 2016, followed by 500 next year.
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