GE Aviation Lands $1.5B Order

GOL Airlines, a Brazilian low-cost carrier, selected CFM International Inc.’s LEAP-1B engines to power its new fleet of 60 Boeing 737 Max airplanes.


The engine order is valued at $1.5 billion at list price. The engine is on schedule to enter service on the 737 Max in 2017, according to a CFM International spokeswoman. CFM International, based in Cincinnati, is a 50/50 joint venture of General Electric Co. and France’s Snecma, part of the Safran Group.

“GOL Airline’s current fleet is entirely powered by CFM56 engines, and we are certainly honored that it has entrusted its future single-aisle fleet to the new LEAP engine,” Jean-Paul Ebanga, CEO of CFM International, said in a news release.

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