SMBC Buys $1.16 Billion of LEAP Engines

Peter Barrett, CEO of SMBC Aviation (left) and Jean-Paul Ebanga, CFM president and CEO, celebrate the leasing company’s LEAP engine orders announced today. SMBC ordered 60 LEAP-1A engines and 20 LEAP-1B engines for 10 additional 737 MAX aircraft. The order is worth $1.16 billion.

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