The Boeing Company has selected CFM International's revolutionary LEAP-1B engine as the exclusive powerplant for its new family of re-engined Boeing 737 MAX aircraft. To date, Boeing has received commitments for more than 700 aircraft.

CFM and Boeing have been working for Boeing for several years to evaluate engine configurations for both re-engined, as well as potential new aircraft. Earlier this month, the two companies announced that the LEAP-1B will have a 68-inch fan; during 2012, the engine design will be optimized for the new 737. Deliveries are scheduled to begin in 2017.

"We are honored to be given this opportunity to continue our very successful relationship with this Boeing," said Jean-Paul Ebanga, president and CEO of CFM International. "We appreciate the high level of confidence this selection shows in CFM and in our ability to delivery leading-edge technology for the 737. The advantages of LEAP technology will speak for themselves, and this engine will provide unprecedented levels of efficiency and environmental responsibility while maintaining the legacy of aviation's most reliable engine family."

LEAP engines incorporate revolutionary technologies never before seen in the single-aisle aircraft segment. The new engine combines advanced aerodynamic design techniques, lighter, more durable materials, and leading-edge environmental technologies, making it a major breakthrough in engine technology. As a result, operators will achieve double-digit improvements in fuel burn, emissions, and noise while maintaining the benefits of CFM International's legendary reliability and low maintenance costs.

LEAP is a product of CFM International, the world's largest supplier of commercial aircraft engines. Its product line includes nine engine models for more than 30 commercial and military applications. The company was formed as a joint venture in 1974 and the two parent companies, GE and Snecma, have extended the partnership agreement to the year 2040.