GE Aviation and its joint ventures receive more than US$3bn in orders/commitments at Zhuhai Airshow

GE Aviation and CFM International, a 50/50 joint company between GE and Safran Aircraft Engines, announced more than US$3 bn in orders and commitments at this year’s Zhuhai Air Show. The orders and commitments included more than 200 GE and CFM engines as well as agreements for TrueChoice suite of engine maintenance offerings. Orders/commitments include:
CDB Leasing selected CFM LEAP-1A engines to power 100% of its first batch of next generation single aisle aircraft orders. The firm engine order is valued at US$1.26bn at list price.
Xiamen Airlines signed an agreement to select GEnx-1B engine to power its additional six Boeing 787-9 Dreamliner aircraft. Xiamen Airlines also expanded a TrueChoice Material agreement for the new GEnx-1B fleet for the new and used material and advance repairs needed for engine maintenance, repair and overhaul services. The engine order and TrueChoice Material agreement are valued at more than US$630m at list price and over the life of the contract.
COMAC (Commercial Aircraft Corporation of China) held a signing ceremony with China Aerospace Leasing (CASLC) for 20 firm and 20 options of ARJ21-700 aircraft powered by GE’s CF34-10A engines. The engine order for the 20 firm aircraft is valued at US$155m at list price.
China Southern signed a Memorandum of Understanding (MOU) with GE Aviation to select GE’s GEnx-1B engines to power its 12 newly purchased and 8 leased Boeing 787-9 Dreamliner aircraft. The engine order is valued at US$1.1bn at list price.