Chinese private airline signs engine deal with General ElectricStaff Writer | November 13, 2017
Shanghai-based Juneyao Airlines has reached agreement with General Electric (GE) to supply GEnx engines for its Boeing 787-9 aircraft.
Asia $1.4 billion
The order is valued at $1.4 billion and includes a 15-year agreement with GE Aviation for maintenance and repair of the engines.
The deal is one of many contracts and two-way investment agreements signed by China and the U.S. during President Donald Trump's visit, worth more than $250 billion. ■