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General Electric signs $3.5B in aviation and engine deals in China · Endata

◂ Announcements

Nov 9, 2017CONTRACTBeijing, China, China

General Electric signs $3.5B in aviation and engine deals in China

General Electric signed three deals with Chinese partners worth $3.5 billion: a $1.4 billion engine and repair deal with Juneyao Airlines, a $1.1 billion order for Leap-1B engines from ICBC Leasing, and a $1 billion framework agreement with China Datang Group for gas turbines.

Value

$3.50B

Status

Announced

ProductsGEnx-1B enginesLeap-1B enginesgas turbines

CompaniesGeneral Electric China Datang Group customer Juneyao Airlines customer ICBC Leasing customer

Sectors#Power Generation Equipment #Automotive Components

“General Electric Co signed three aviation and engine deals with Chinese partners worth a total of $3.5 billion on the sidelines of a state visit to Beijing by U.S. President Donald Trump.”moneycontrol.com

1 source
moneycontrol.comGeneral Electric signs $3.5 billion deals in China- Moneycontrol.comReutersNov 9, 2017

Summarized from public sources; check the original articles before acting on it.

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