GoAir signs USD 150 mn deal with CFM for engines
Budget carrier GoAir has signed a USD 150 million deal with CFM, a joint venture between US aeroengine major General Electric and its French counterpart Snecma Moteurs for engines to power its to be acquire Airbus fleet of aircraft.
GoAir had earlier signed an agreement with Airbus to buy 10 A-320 aircraft with an option to buy another ten.
As per the deal, these aircraft would be powered by CFM56-5b engines, an airline release said here today.
Deliveries of these aircraft are scheduled to begin in mid-2007, the release added.