Airbus estimates the single-aisle market will be by far the largest and fastest-growing aviation segment, adding 22,900 new planes by 2034, or 70 percent of all new passenger jets. Much of that growth — 39 percent — will take place in Asian countries like Indonesia, it predicts.
Many of the new jets will be powered by CFM International's LEAP jet engine, the first engine with 3D printed parts and components made from advanced ceramics that GE originally developed for powerful gas turbines. The company calls this internal know-how exchange the GE Store. These components help make the LEAP engine quieter, easier to maintain and 15 percent more fuel efficient than current engines made by CFM. Lion Air recently announced it will use 348 LEAP engines valued at $4.9 billion to power its fleet of 174 new Airbus A320neo planes.
“In addition to the world-class operating economics and reliability that the LEAP engine will bring to our fleet, LEAP’s strong footprint in Asia and the impressive strides it has made in North America and Europe augments well with our strategic growth objectives,” said John Duffy, chief operating officer of Transportation Partners, Lion Air’s leasing arm.
CFM is a 50-50 joint company between GE and France’s Snecma (Safran), and the LEAP is the fastest-selling jet engine in its history. CFM has received orders for more than 10,000 of the engines valued at $145 billion, including the Lion Air order.
Lion Air will use two versions of the LEAP, the LEAP-1A on the Airbus A320neo family and the LEAP-1B for Boeing’s new 737 MAX planes. Both aircraft have already completed their first flights with the engine. CFM also makes a third version of the engine, LEAP-1C, for China’s COMAC C919.
Airbus is expected to dispatch the first commercial LEAP-powered A320neo later this year.