CFM International booked orders for 540 new CFM56-5B and CFM56-7B engines during the 2008 Farnborough Air Show, in addition to inking a materials and service agreement with ST Aerospace. These agreements are valued at more than $5 billion.
In addition, CFM International also launched the TRUEngine designation to help the industry more accurately appraise used CFM56 engines and to enhance the resale value of these assets. This designation is available to all CFM56 engines meeting the criteria. To date, more than 1,600 engines from Continental Airlines, Southwest Airlines, and KLM Royal Dutch Airlines have been granted TRUEngine status.
CFM56 engines are produced by CFM International, a 50/50 joint company between Snecma (SAFRAN Group) and General Electric Company. The company has just announced the extension of the relationship agreement through the year 2040.
