[THE INVESTOR] Asiana Airlines has chosen CFM International as the supplier of engines for its new aircrafts, local media reported on July 13. CFM International is a joint venture between GE Aviation and Snecma of France.

According to reports, Asiana Airlines signed a US$ 950 million contract with CFM International to supply LEAP-1A engines for the Airbus A320neo aircrafts the Korean carrier is set to deploy starting in 2019.


The contract reportedly includes the cost of parts and repairs for the engines.

By Choi He-suk (cheesuk@heraldcorp.com)