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Commercial jet engines demand tens of millions for efficiency and reliability

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Commercial jet engines demand tens of millions for efficiency and reliability
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Gaël Méheust CEO of CFM International | CFM International Website

Commercial airliners rely heavily on jet engines, complex mechanical marvels that play a pivotal role in aviation. These engines are central to modern airplanes, requiring cutting-edge design for optimum performance and fuel efficiency. Although the exact list prices for jet engines are not typically disclosed by manufacturers, estimates suggest costs running into tens of millions of dollars, varying with size, complexity, and intended use.

Discounts are often available when airlines purchase engines in bulk as part of aircraft orders. Additional expenses can arise from support and services contracts. For instance, Singapore Airlines purchased 62 GE9X engines for its Boeing 777-9s, priced collectively at $2.8 billion, translating to a per-unit cost of $45 million prior to any discounts and inclusive of a 12-year service agreement.

CFM International, a collaboration between GE Aerospace and Safran Aircraft Engines, has supplied over 38,000 engines globally. Notable models include the CFM56 and the LEAP engine, each employed across prominent aircraft series. The CFM56 has a price point of about $12 million, while the LEAP engine is estimated to cost $15 million.

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Pratt & Whitney powers a significant portion of the world’s commercial aircraft. Known for geared turbofan (GTF) technology, the company provides engines like the PW1100G, PW1500G, and PW1900G, priced at $14 million, $12 million, and $10 million, respectively. However, production issues with the GTF engines have prompted operational challenges for some carriers.

Roll-Royce, another major player, produces the Trent 1000, Trent 7000, and Trent XWB engines. Employed in aircraft such as the Boeing 787, Airbus A330neo, and Airbus A350, these engines cost approximately $20 million, $25 million, and $35 million, respectively.

General Electric, which partners in the CFM venture, also offers engines like the GEnx, GE90, and GE9X. The GE9X, used in the Boeing 777X program, is priced at about $45 million.

The expense of jet engines is driven by factors such as research and development, advanced materials, precision engineering, and technological complexity. Additionally, certification and long-term maintenance contribute to costs, with manufacturers ensuring engines meet rigorous safety standards and provide extended operational support.

In summary, jet engine pricing is complex, depending on a multitude of factors, reducing publicly available price transparency.

Organizations Included in this History
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