In a slowing market, IndiGo seems poised to make a very favourable, huge engine deal, by bulk-buying when others are saving wherever they can. In this climate, the promising low-cost carrier has enough cash reserves to make engine makers compete for its contract....
Safran, the 50% stakeholder in CFM engines, expects deliveries of its popular LEAP engines to return to 2019 levels no later than 2024. This relies on air traffic estimates and on the recovery of the Boeing 737 MAX. The company made these statements in the...
