Ryanair and CFM ink multi-billion dollar engine parts deal
Reuters
Feb 10
Ryanair and CFM ink multi-billion dollar engine parts deal
PARIS, Feb 10 (Reuters) - Europe's largest budget airline Ryanair RYA.I and French-U.S. engine maker CFM have signed a multi-year, multi-billion dollar deal for engine material services, the two companies said on Tuesday.
Ryanair will purchase all its engine parts from CFM, a joint venture between France's Safran SAF.PA and U.S.-based GE Aerospace, they said in a joint statement.
(Reporting by Tim Hepher; Writing by Gianluca Lo Nostro; Editing by Charlotte Van Campenhout)
((gianluca.lonostro@thomsonreuters.com))
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