CFM juggles engine supply in boost to Airbus


Airbus CEO Guillaume Faury. — Reuters

MUNICH: Jet engine maker CFM has agreed to divert some engines to Airbus to narrow a supply gap as the planemaker battles to hit end-of-year targets, three people familiar with the matter say.

This month’s agreement follows a tug of war for scarce engines or parts between planemakers and repair shops and is expected to involve CFM diverting to Airbus some engines initially allocated to the aftermarket, the sources said.

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