CFM International has caught up with delays in deliveries of its LEAP jet engine...
FILE PHOTO: Gael Meheust, President and CEO of CFM poses in front of LEAP-1A engine of an Airbus A321neo, during the 52nd Paris Air Show at Le Bourget airport near Paris, France June 21, 2017. REUTERS/Pascal Rossignol
The LEAP engine helped Boeing and European rival Airbus upgrade their most important single-aisle models, leading to the development of the Boeing 737 MAX and the Airbus A320neo, which is also powered by the Pratt & Whitney geared turbofan. While Boeing has cut output of the 737 MAX to 42 aircraft a month from 52 and deferred a planned rate of 57, Airbus continues to produce at 60 with plans to go to 63 in 2021.
Such a move depends chiefly on the willingness of engine makers to take the risk of stretching already tight supply chains.
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