SINGAPORE--(BUSINESS WIRE)--Feb. 21, 2006--Indian, formerly known as Indian Airlines, has signed the final agreement with CFM International for the purchase of the CFM56-5B engine to power its new fleet of 43 A320 family aircraft scheduled for delivery between late 2006 and 2010. The engine order is valued at more than $500 million at list price.
CFM56-5B engines are produced by CFM International (CFM), a 50/50 joint company between Snecma and General Electric Company.