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Name | Symbol | Market | Type |
---|---|---|---|
Air France ADS (PK) | USOTC:AFLYY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.039 | -4.72% | 0.7873 | 0.7692 | 0.789 | 0.80 | 0.76 | 0.80 | 179,072 | 21:18:54 |
By Pierre Bertrand
Air France-KLM said Tuesday that it has signed an agreement with CFM International for the purchase of engines to power the Franco-Dutch airline group's new fleet of Airbus SE's A320neo and A321neo planes.
Under the agreement, Air France-KLM will purchase 200 LEAP-1A engines from the jet engine manufacturer, a 50-50 joint venture between GE Aviation, part of General Electric Co., and Safran Aircraft Engines, a subsidiary of French aircraft equipment manufacturer Safran SA.
In December, Air France-KLM ordered 100 Airbus A320neo planes, with purchase rights for a further 60, as the company works on renewing and expanding its fleet.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
July 05, 2022 12:31 ET (16:31 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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