LE BOURGET — 16 June 2015 —AerCap Holdings N.V. today announced an order for 200 CFM LEAP-1B engines to power 100 737 MAX aircraft. The order is valued at $2.7 billion U.S. at list price.

“Our relationship with CFM International is an important one,” said Margaret Kim, vice president of AerCap. “Our customers value the reliability and low cost of ownership the CFM56 engines bring to their operations and we are excited to add the new LEAP-1B-powered Boeing 737 MAX into our portfolio.”

“We honored to be associated with AerCap and very pleased that CFM plays such an important role in its continued growth and long-term success,” said Jean-Paul Ebanga, president and CEO of CFM International. "We appreciate the close working relationship we share.”

The LEAP-1B engine promises to be the most advanced, reliable, fuel-efficient powerplant for the new generation of single-aisle aircraft. The engine incorporates many industry firsts, including the 3-D woven carbon fiber composite fan blade and case; the one-of-a-kind debris rejection system; fourth-generation 3-D aerodynamics; the first commercial use of ceramic matrix composites (CMCs); the revolutionary combustor design featuring fuel nozzles grown using additive manufacturing; and light-weight Titanium Aluminide airfoils. The lower weight and higher durability these components provide will result in a 15 percent improvement in fuel efficiency, with an equivalent reduction in CO2 emissions; a 50 percent margin to new emissions regulations; a dramatically lower noise signature; CFM’s industry-leading reliability and low overall operating costs.