CFM to build 10 737 Max engines weekly for 2020

CFM International is expecting to produce an average of 10 Leap-1B engines – the powerplant for the Boeing 737 Max – per week over the course of 2020, out of a total annual Leap production of 1,400. The forecast has been disclosed by CFM partner Safran in its full-year financial figures, which assumes that 737 Max deliveries will restart in mid-2020 following the production halt in January. Safran says it has implemented a hiring freeze, cost-saving efforts, and a reduction capital expenditure to help offset the impact of the Max situation. The Max crisis was reflected in powerplant order activity, with Leap orders and commitments reaching 1,968 last year compared with 3,211 for 2018. Safran says production levels over 2019 were nevertheless “stable”. <br/>
Bloomberg
https://www.flightglobal.com/engines/cfm-to-build-10-737-max-engines-weekly-for-2020/136959.article
2/27/20