July 14, 2014 / 2:43 PM / 5 years ago

EasyJet says CFM order valued at $3.3 billion

A computer generated hand out image showing an easyJet Airbus A319 jet October 14, 2002. REUTERS/file.

(Reuters) - British low-cost airline easyJet Plc (EZJ.L) said its order to CFM International SA for 270 engines was valued at about $3.3 billion at list price by the engine maker.

EasyJet had earlier said it had negotiated a reduced price with CFM, but that the details were confidential.

CFM, a joint venture between Safran SA (SAF.PA) and General Electric Co (GE.N), will provide the engines for easyJet’s order of 35 Airbus A320 aircraft and 100 Airbus A320neo aircraft.[ID:nBwjf9Tva]

CFM’s rivals include Pratt & Whitney, a division of United Technologies Corp (UTX.N).

Reporting by Sweta Singh in Bangalore; Editing by Kirti Pandey

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