8 - 9 September 2016
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CFM International (CFM) was formed in 1974 as a 50/50 joint company between GE and Safran Aircraft Engines. Today, CFM is the world’s leading supplier of commercial transport aircraft engines and the best example of a successful international joint venture. Since the first engine was delivered in 1982, CFM has received orders for more than 50,000 CFM56 and LEAP engines from 600 operators worldwide, of which more than 34,700 engines have been delivered. In addition to the highly successful CFM56 product line, CFM introduced the advanced LEAP engine which has demonstrated an unrivaled utilization since it started revenue service in August 2016. The LEAP engine powers the Airbus A320neo, the Boeing 737 MAX and the COMAC C919. To date, the fleet has logged more than 4,000 000 flight-hours. Overall, CFM has garnered orders and commitments for more than 17,300 LEAP and plans to build 2,000 engines per year by 2020. As of March 2019, more than 750 aircraft had been delivered to 100 customers. The engine is delivering a 15 percent improvement in fuel efficiency along with significant reductions in noise and emissions signatures. All of this while maintaining CFM’s industry-leading reliability and overall cost of ownership. In 2008, with the launch of the LEAP engine, CFM announced that all services offerings for this new product would come from directly from CFM. The organize could also provide support for CFM56 engines, as well. This was done to support customer requests for seamless product sales and support. Since then, the primary focus of CFM Services has been to provide world-class aftermarket products and programs, working with customers to meet their unique, evolving needs from entry-into-service to mid-life through maturity and retirement.
Engine Lease Finance (ELF) is the world’s leading independent spare engine financing and leasing company, specialising in the provision of flexible short, medium and long-term spare engine support packages for the airline industry. Headquartered in Shannon, Ireland, ELF is a group company of Mitsubishi UFJ Lease & Finance Company Limited ("MUL"), whose shares are wholly owned by MUL. ELF has the financing power and stability to meet the varied needs of airlines and to meet the commercial challenges presented by today’s rapidly changing world markets. ELF has access to extensive funding at favourable rates, therefore ensuring low cost flexible financing for the airline. ELF’s client base includes some of the world’s most established airlines, some of the newest start-ups and many of the seasoned LCCs around the world. The client base also includes several significant MRO providers, airframe lessors and the OEMs.
Contact: Darryl Caldwell
1 918 645 1334
1 918 970 2823
darryl.caldwell@elfc.com
Jackson Square Aviation (JSA) is a full-service commercial aircraft lessor. We provide a variety of fleet and financial solutions to airlines such as sale and leaseback financing, PDP financing, new aircraft placements and leasing solutions from our existing fleet. Our experienced, international and professional staff in San Francisco, Dublin, Toulouse, Singapore, Beijing and Lima is committed to meeting airlines’ evolving needs worldwide. Leveraging our extended relationships with aircraft manufacturers, financiers and other aviation businesses, we offer fleet and capital flexibility vital to airlines’ fleet replacement and expansion.Since the founding of JSA in 2010, our portfolio has steadily expanded with young and efficient Airbus and Boeing fleet. Today our owned, committed and managed fleet exceeds 225 aircraft with 49 leading airlines in 28 countries.We are a member of the Mitsubishi UFJ Lease & Finance Company Limited (MUL) group of companies. MUL is a prominent global leasing company based in Japan and publicly listed on the Tokyo and Nagoya Stock Exchanges. With the support of MUL and our strong relationships with other global financiers, we are committed to providing competitive pricing and flexible financing alternatives to our customers.MUL, incorporated in April 1971, has responded to increasingly diverse customer needs by expanding into a variety of business domains, as well as its core lease and financing business. MUL’s principal shareholders are Mitsubishi Corporation and Mitsubishi UFJ Financial Group Inc.
Pratt & Whitney, a United Technologies company (NYSE: UTX), is a world leader in the design, manufacture and service of aircraft and helicopter engines, and auxiliary power units. United Technologies Corp., based in Farmington, Connecticut, provides high-technology systems and services to the building and aerospace industries. Pratt & Whitney is creating the future of flight by developing game-changing technologies such as the GTF™ engine to power the next generation of efficient, sustainable air travel.
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