Lion Air Signs $1.2bn Deal With CFM

Lion Group has selected CFM International's CFM 56-5B engine to power the 60 A320 CEOs it has on firm order with Airbus. The deal is worth $1.2bn and follows the airframe deal, which was announced in March 2013. "Our selection of the CFM56-5B engine for the A320 CEOs was an obvious choice for us," said Rusdi Kirana, Lion Group's founder and director. "Although we are introducing a whole new engine type, it is coming from the same company that has been with us from the very beginning. Our relationship with CFM has grown as our airline has grown." 

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