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Qantas Chooses CFM Engines To Power 78 A320neo Aircraft

SYDNEY -(Dow Jones)- Qantas Airways Ltd. (QAN.AU) said Friday that it has chosen engines made by CFM International, a joint venture between General Electric Co. (GE) and Safran SA (SAF.FR), to power its fleet of A320neo aircraft. Qantas has ordered 78 of Airbus's upgraded and more fuel-efficient version of the A320. Australia's flag carrier said CFM's LEAP-1A engines were chosen for the new aircraft because of their "performance, fuel efficiency and maintenance program". Low-cost offshoot Jetstar is due to receive the airline's first A320neo in 2016. CFM said in a statement that the order is worth $2 billion at list price. -By Ross Kelly, Dow Jones Newswires; 61-2-8272-4692; Ross.Kelly@dowjones.com

Stock News for Gen Electric (GE)
DateTimeHeadline
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09/21/201421:30:43Siemens to Buy Dresser-Rand for $7.6 Billion
09/19/201417:27:22GE Has Held Acquisition Talks With Dresser-Rand -FT
09/18/201418:36:50LodgeNet Lenders Sue Over New Restructuring Deal
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09/09/201402:03:09MARKET SNAPSHOT: U.S. Stocks Fall; S&P 500 Dips Below 2,000

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