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Press release

Avio signs for the new CFM56 – 7BE

16/06/2009

Press releaseIssued by Avio Aero (GE Aerospace).

Today, at the Paris Air Show in Le Bourget, Avio signed an agreement with General Electric and Snecma to participate in the CFM 56 – 7BE engine, the new version of the CFM 56 engine that will power the Next-Generation Boeing 737 aircraft.

Avio, already present on the previous version of the CFM family, will produce the third-stage rotor blades of the low-pressure turbine and some components of the "core" engine. The contract is worth about $ 1,8 Billions.

The CFM56 is currently the best-selling engine worldwide with almost 20,000 units in service. The new engine will enter into service in mid-2011, and the CFM56-7BE-powered Next-Generation 737 enhanced airplane/engine combination will provide a 2% improvement in fuel consumption, which, in turn, equates to a 2% reduction in carbon emissions; there will also be a reduction in maintenance costs of about 4%.

Starting from 2010, Avio will produce the first components at its industrial plants in Pomigliano d'Arco (Naples, Italy) and Bielsko-Biala (Poland).

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