CFM President Eric Bachelet reiterated his confidence that Pratt & Whitney's initiative to develop replacement parts for CFM56-3 engines will not affect its business. "We don't fear competition, we're used to it," he told ATWOnline. "We've [been] competing for 30 years and we're continuously adding value. We have invested $1.5 billion in upgrading the technology and customers know this." He also maintained that CFM is not interested in launching a similar initiative to produce ...

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