The CFM Solution CFM International Proprietary Information The information in this document is CFM Proprietary Information and is disclosed in confidence. It is the property of CFM International and its parent companies, General Electric Company and Snecma, and shall not be used, disclosed to others or reproduced without the express written consent of CFM. If consent is given for reproduction in whole or in part, this notice shall appear in any such reproduction in whole or in part. The information contained in this document may also be controlled by the U.S. and French export control laws. Unauthorized export or re-export is prohibited Air Finance Journal Financing & Investing in Engines New York Roadshow
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Air Finance Journal Financing & Investing in Engines New ... CFM56-5B CFM56-3 V2500-A5 CFM56-5A V2500-A1 ... Œ Workscope to maximize TOW ... Ł 8 main engine modules
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The CFM Solution
CFM International Proprietary Information
The information in this document is CFM Proprietary Information and is disclosed in confidence. It is the property of CFM International and its parent companies, General Electric Company and Snecma, and shall not be used, disclosed to others or reproduced without the express written consent of CFM. If consent is given for reproduction in whole or in part, this notice shall appear in any such reproduction in whole or in part. The information contained in this document may also be controlled by the U.S. and French export control laws. Unauthorized export or re-export is prohibited
Air Finance JournalFinancing & Investing in Engines
New York Roadshow
CFM International Proprietary Information
CFM � the world�s largest engine manufacturer� The OEM for CFM56 engines
� 30+ years design & support experience on CFM56 engines
� ~9000 people designing, certifying, manufacturing, and supporting CFM56 engines
� 6 engine models powering 30 commercial and military applications (6650+ total aircraft in 2006)
� Primary power for A320 and B737 single aisle families
�Service options exist at differing levels of value and risk�CFM service products deliver financial productivity with proven history of safe and reliable operation
�Non-Type Certificate Holder (TCH) parts are moving from low-tech to high-tech, safety-critical parts
Safety, asset value, and productivity is CFM�s customer commitment
CFM International Proprietary Information
1 9203 440
5 200
7 300
9 500
41%
52%
61%66%
70%
1995 2000 2005 2010 2015
Portion of world-wide fleet 120-250 Pax
CFM powers ~ 60% of the single aisle fleet �Broad experience and demand for CFM56 engines
CFM56 Installed base growing8.3% Compound Annual Growth Rate
Single aisle aircraft in service
CFM
IAE
PW & RR
AC CFM power
% CFM power
Experience
CFM 2006 forecast, with Boeing CFMO and Airbus LRF
CFM International Proprietary Information
Delivering asset productivity �
� CFM56 powered fleet logged 350+ million engine flight hours
� 1 million hours every 10 days
� Departure every 3 seconds
� Increasing departures while reducing engine disruptions
� Industry best reliability
� CFM continually invests in and supports the fleet
-40%-20%
0%20%40%60%80%
100%120%140%160%
CFM Departures
CFM Event Rate
154% increase
32% decrease1995 2006
� by keeping your aircraft flying
Experience
CFM analysis
CFM International Proprietary Information
Aborted Take Offs
1989 1991 1993 1995 1997 1999 2001 2003 2005
55%Reduction
ATO
per
100
0 Ta
ke O
ffs
In Flight Shut Downs
1989 1991 1993 1995 1997 1999 2001 2003 2005
77%Reduction
IFSD
per
100
0 EF
H
Departure Reliability
1989 1991 1993 1995 1997 1999 2001 2003 2005
> 99.97%
Dep
artu
re R
elia
bilit
y (%
)
Cycles to Shop Visit
Tim
e on
Win
g (c
ycle
s)
Reliability � best in class
IFSD rate 0.004 or 1 per AC every 42 years
3 D&Cs in 10K departures Restored (Average of CSV at Removal)0 10
Reliability
ATO rate 0.013 or 1 every 77K flights
10+Kcycles
CFM analysis
CFM International Proprietary Information
CFM56 engine value �� CFM56 engine consistently recognized
for highest value on similar applications
� Liquidity due to large installed base
� CFM56 reliability and cost of ownership
� Valuations based on engines with CFM56 OEM technology and material
LEAP56� Rotating composites� High stage loadings� Low emissions� Advanced acoustics
1984
Reliably apply advanced, but proven, technology
CFM56-2
3D Aero/Maint Cost� Repair technology� Engine performance� Reliability/durability
upgrades
Technology
CFM International Proprietary Information
� ~3,000 individual parts� 40 sub-systems & sub-
assemblies� 8 main engine modules
All are developed, designed, tested, and substantiated as part of an integrated system �
� not one piece at a time
Engineering
CFM International Proprietary Information
CFM56 customers have service choices� Service options exist at differing
levels of value and risk
� The CFM solution delivers� Proven history of safe and reliable
operation
� Financial productivity � asset value and operating cost
� World class engineering & technology
� Assured ICA and configuration management applicability
� Total commitment to customer & product support
CFM International Proprietary Information
Experience
ReliabilityAsset Value
Technology
Engineering
Support
Maintenance
When you maintain your engines using the CFM solution, you maintain the value of your
CFM56 engine investment
CFM International Proprietary Information
This document is a Bullet Point presentation. It may be misinterpreted without the proper comments from an appropriate CFM representative.
CFM International Proprietary Information
The information in this document is CFM Proprietary Information and is disclosed in confidence. It is the property of CFM International and its parent companies,
General Electric Company and Snecma, and shall not be used, disclosed to others or reproduced without the express written consent of CFM. If consent is given for reproduction in whole or in part, this notice shall appear in any such
reproduction in whole or in part. The information contained in this document may also be controlled by the U.S. and French export control laws. Unauthorized