Riyadh Air announced a firm order for 120 CFM International LEAP-1A engines to power 60 Airbus A321neo family aircraft ordered last year. The agreement includes spare engines. CFM's fuel-efficient LEAP-1A engines has the latest high-pressure turbine durability kit.
Gaël Méheust, President and CEO of CFM International. "By supporting Riyadh Air's fleet introduction, we are proud to contribute to building one of the most fuel-efficient fleets in the region, while helping foster a dynamic aerospace ecosystem in Saudi Arabia."
CFM International is a 50/50 joint venture between GE Aerospace and Safran Aircraft Engines.
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April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.