GE and Its JV Partners Receive More Than $31 Billion in Orders/Commitments at 2017 Paris Air Show
June 21 2017 - 1:30PM
Business Wire
GE Aviation and its joint venture companies, led by CFM
International*, announced more than $31 billion (USD) in orders and
commitments at this week's Paris Air Show. The orders and
commitments included more than 1,700 GE and CFM engines as well as
a full suite of TrueChoiceâ„¢ engine maintenance offerings.
Orders/commitments include (all values quoted in U.S. dollars at
list price or over the life of the agreement):
- China Eastern Airlines: LEAP-1A
engines for 70 Airbus A320neosValue: $3.2 billion with support
agreement
- GE Capital Aviation Services:
200 LEAP-1A engines for Airbus A320neosValue: $2.9 billion
- Spring Airlines: LEAP-1A engines
for 60 Airbus A320neo/A321neosValue: $1.7 billion
- China Southern Airlines: LEAP-1A
engines for 50 Airbus A320neos Value: $1.5 billion
- CDB Aviation: LEAP-1B engines
for 42 Boeing 737 MAX 8 and 4 737 MAX 10sValue: $1.3 billion
- VEB Leasing: LEAP-1As for 20
A320neos; LEAP-1Bs for 22 737 MAXValue: $1.2 billion
- ICBC Leasing: LEAP-1A engines
for 40 Airbus A320neosValue: $1.1 billion
- Aviall: F110 spare parts
distribution for F-16 fighters in select countriesValue: $1
billion
- China Eastern: GEnx-1B engines
for 15 Boeing 787-9 DreamlinersValue: $850 million
- Air Lease
Corporation: LEAP-1A engines for Airbus A320neosValue:
$725 million
- Aviation Capital Group LLC:
LEAP-1B engines for 20 Boeing 737 MAX 10s Value: $580
million
- EVA
Airways: TrueChoice Flight Hour support for CF6-80E1
enginesValue: ~$400 million
- All Nippon Airways:
five-year TrueChoice Material for CF6-80C2 enginesValue:
$400 million
- Arkia Israeli Airlines: LEAP-1A
support agreement for four Airbus A321neosValue: $200 million
- Japan Airlines:
two-year TrueChoice Overhaul for 18 CF6-80C2
enginesValue: $75 million
- K5 Aviation: LEAP-1A engines for
one Airbus ACJ319neoValue: $29 million
Other orders/commitments include:
- International Airlines Group:
LEAP-1A engines for 55 Airbus A320neosAdd'l info: includes spare
engines and long-term support agreement
- Avolon Leasing: LEAP-1B engines
for 75 Boeing 737 MAX 8s
- Lion Air Group: LEAP-1B engines
for 50 Boeing 737 MAX 10s
- China Aircraft Leasing Group:
LEAP-1B engines for 50 Boeing 737 MAX
- Turkish Airways: 15-year support
agreement for 150 LEAP-1B engines
- China Southern:
15-year TrueChoice for GE90 engines
- GECAS: LEAP-1B engines to power
20 Boeing 737 MAX 10s
- SpiceJet: LEAP-1B engines for 20
Boeing 737 MAX 10s
- TUI Group: 40 LEAP-1B engines
for Boeing 737 MAX 10s
- Okay Airways: LEAP-1B engines
for 15 Boeing 737 MAXs
- Aviation Lease and Finance
Company: LEAP-1Bs for 20 737 MAXs
- Delta Air Lines: CFM56-5B
engines for 10 Airbus A321ceos
- BOC Aviation: LEAP-1B engines
for 10 Boeing 737 MAX 10s
- Atlas Air:
three-year TrueChoice for 41 CF6-80C2 engines
- Ryanair: LEAP-1B engines for 10
Boeing 737 MAXs
- Royal Air Maroc:
five-year TrueChoice agreement for CF34-10E engines
- Blue Air: LEAP-1B engines for
six Boeing 737 MAXs
To read more about any of these 2017 Paris Airshow
announcements, visit http://www.geaviation.com/shows.
ABOUT GE AVIATION
GE Aviation, an operating unit of GE (NYSE: GE), is a
world-leading provider of jet and turboprop engines, components,
integrated digital, avionics, electrical power and mechanical
systems for commercial, military, business and general aviation
aircraft. GE Aviation has a global service network to support these
offerings and is part of the world's Digital Industrial Company
with software-defined machines and solutions that are connected,
responsive and predictive. For more information, visit us at
www.ge.com/aviation. Follow GE Aviation on Twitter at
http://twitter.com/GEAviation and YouTube at
http://www.youtube.com/user/GEAviation.
TMTrueChoice is a trademark of General Electric Company.
*CFM International is a 50/50 joint company between GE and
Safran Aircraft Engines
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170621006121/en/
GE AviationRick Kennedy+1.513.607.0609rick.l.kennedy@ge.comorDeb
Case+1.513.418.1644deborah.case@ge.comorMatt
Benvie+1.513.432.6834matthew.benvie@ge.com
GE Aerospace (NYSE:GE)
Historical Stock Chart
From Aug 2024 to Sep 2024
GE Aerospace (NYSE:GE)
Historical Stock Chart
From Sep 2023 to Sep 2024