“These planes will be powered by CFM International’s LEAP-1B engine,” Jewell wrote. “Once the order is finalized and received Chinese government approval, the engine order will be valued at $980 million U.S.”
The LEAP engine is a product of GE Aviation’s joint venture with French company Snecma (a division of Safran) called CFM International.
In recent years, Evendale-based GE Aviation and West Chester Twp.-based CFM have had an unprecedented ramp-up for jet engine production to keep pace with sales.
GE is Ohio’s largest manufacturing employer with more than 15,000 people and anchors an aerospace parts manufacturing industry that employs thousands more in the Dayton and Cincinnati areas.
Bloomberg reported that the overall Boeing-Xiamen deal is worth $3.39 billion at list prices.
The 737 MAX 200 is based on the 737 MAX 8, which itself is the re-engined and upgraded variant of the Boeing 737.
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