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Chinese private airline signs engine deal with General Electric

Staff 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.
Juneyao Airlines
Asia   $1.4 billion
Juneyao ordered engines for its 10 Boeing 787-9 aircraft, purchased in 2016 for delivery from 2018.

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.