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IndiGo Negotiates New Engine Deal For A320neo Orders

IndiGo Negotiates New Engine Deal For A320neo Orders

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: Reduced Revenue, Expects 2024 Recovery

Safran: Reduced Revenue, Expects 2024 Recovery

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...