GE Arm, Boeing Confirm Order for 40 Planes - The New Indian Express

GE Arm, Boeing Confirm Order for 40 Planes

Published: 21st January 2014 11:44 AM

Last Updated: 21st January 2014 11:47 AM

A General Electric plane leasing unit has ordered 40 aircraft from airplane maker Boeing, a deal valued at $3.9 billion at list prices.

Boeing booked the order from GE Capital Aviation Services, the commercial aircraft leasing and financing arm of General Electric Co., in 2013. It had been listed as an unidentified buyer on Chicago-based Boeing’s website.

The order consists of 40 737s. Half are 737 Max 8s and half are next-generation 737-800s.

With the new order, the GE aircraft arm has ordered 638 airplanes directly from Boeing.

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