Boeing and General Electric Safran SA

CFM International: Live video supplied by Boeing showed the smooth take-off at 9:46 a.m. and landing at about 12:33 p.m, according to Euro News. The plane is the fourth version of the original 737, which made its first flight in 1967 and has become one of Boeing most profitable aircraft. The smooth flight of the new aircraft marks another step toward scheduled delivery to airlines in 2017. The 737 MAX features new engines from CFM International, a joint venture of General Electric and Safran SA of France, and other refinements that improve fuel efficiency by 14 percent compared with the current generation 737. Boeing is expected to deliver its first 737 MAX to customers in 2017. Boeing has sold 3,072 of the planes and is racing to sell more as it battles for market share against rival Airbus competing A320neo, which earlier this month was delivered to its first customer, Lufthansa. (news.financializer.com). As reported in the news.