IndiGo signed a preliminary agreement to buy over 1,000 CFM International LEAP-1A engines, a record order for CFM as it works through industry-wide repair congestion. The deal signals improved demand visibility for the engine supplier and a potential easing of supply constraints tied to overhaul/repair backlogs.
IndiGo signed a preliminary agreement to buy over 1,000 CFM International LEAP-1A engines, a record order for CFM as it works through industry-wide repair congestion. The deal signals improved demand visibility for the engine supplier and a potential easing of supply constraints tied to overhaul/repair backlogs.
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mildly positive
Sentiment Score
0.25
