November 13, 2017

ICBC Leasing places US$1.1bn order for CFM LEAP-1B engines

ICBC Financial Leasing, a subsidiary of Industrial and Commercial Bank of China (ICBC), and CFM International have signed and agreement for the purchase of 80 LEAP-1B engines to power 40 Boeing 737 MAX aircraft. ICBC Leasing is scheduled to begin taking delivery in 2018.

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