Libyan Airlines on Sunday selected the CFM56-5B engine to provide power for seven A320s it has on firm order, and five more on which it has options. The firm engine order is valued at approximately $95 million and the airline is scheduled to begin taking delivery in mid-2010. “We are pleased to announce the selection of the highly reliable CFM56-5B/3 engines to power this new Airbus A320 order,” said Libyan Airlines CEO Capt. Mohamed Ibsem. “This acquisition is part of a major fleet development plan that will allow Libyan Airlines to expand its market presence in the region while keeping our overall cost of ownership in check.” Ibsem, right, signed the deal with CFM v-p of marketing and sales Claude Poulain here at the Dubai Airshow.