GE Receives More Than $31B in Orders at 2017 Paris Air Show

JUN 22, 2017 - 6:50 am

GE Aviation and its joint venture companies, led by CFM International, earned more than $31 billion in orders and commitments at the Paris Air Show. The orders and commitments included more than 1,700 GE and CFM engines as well as a full suite of TrueChoice engine maintenance offerings.

Orders/commitments include:

China Eastern Airlines: LEAP-1A engines for 70 Airbus A320neos. Value: $3.2 billion with support agreement
GE Capital Aviation Services: 200 LEAP-1A engines for Airbus A320neos. Value: $2.9 billion
Spring Airlines: LEAP-1A engines for 60 Airbus A320neo/A321neos. Value: $1.7 billion
China Southern Airlines: LEAP-1A engines for 50 Airbus A320neos. Value: $1.5 billion
CDB Aviation: LEAP-1B engines for 42 Boeing 737 MAX 8 and 4 737 MAX 10s. Value: $1.3 billion
VEB Leasing: LEAP-1As for 20 A320neos; LEAP-1Bs for 22 737 MAX. Value: $1.2 billion
ICBC Leasing: LEAP-1A engines for 40 Airbus A320neos. Value: $1.1 billion
Aviall: F110 spare parts distribution for F-16 fighters in select countries. Value: $1 billion
China Eastern: GEnx-1B engines for 15 Boeing 787-9 Dreamliners. Value: $850 million
Air Lease: LEAP-1A engines for Airbus A320neos. Value: $725 million
Aviation Capital Group: LEAP-1B engines for 20 Boeing 737 MAX 10s. Value: $580 million
EVA Airways: TrueChoice Flight Hour support for CF6-80E1 engines. Value: ~$400 million
All Nippon Airways: five-year TrueChoice Material for CF6-80C2 engines. Value: $400 million
Arkia Israeli Airlines: LEAP-1A support agreement for four Airbus A321neos. Value: $200 million
Japan Airlines: two-year TrueChoice Overhaul for 18 CF6-80C2 engines. Value: $75 million
K5 Aviation: LEAP-1A engines for one Airbus ACJ319neo. Value: $29 million

Other orders/commitments include:

International Airlines Group: LEAP-1A engines for 55 Airbus A320neos, includes spare engines and long-term support agreement
Avolon Leasing: LEAP-1B engines for 75 Boeing 737 MAX 8s
Lion Air Group: LEAP-1B engines for 50 Boeing 737 MAX 10s
China Aircraft Leasing Group: LEAP-1B engines for 50 Boeing 737 MAX
Turkish Airways: 15-year support agreement for 150 LEAP-1B engines
China Southern: 15-year TrueChoice for GE90 engines
GECAS: LEAP-1B engines to power 20 Boeing 737 MAX 10s
SpiceJet: LEAP-1B engines for 20 Boeing 737 MAX 10s
TUI Group: 40 LEAP-1B engines for Boeing 737 MAX 10s
Okay Airways: LEAP-1B engines for 15 Boeing 737 MAXs
Aviation Lease and Finance: LEAP-1Bs for 20 737 MAXs
Delta Air Lines: CFM56-5B engines for 10 Airbus A321ceos
BOC Aviation: LEAP-1B engines for 10 Boeing 737 MAX 10s
Atlas Air: three-year TrueChoice for 41 CF6-80C2 engines
Ryanair: LEAP-1B engines for 10 Boeing 737 MAXs
Royal Air Maroc: five-year TrueChoice agreement for CF34-10E engines
Blue Air: LEAP-1B engines for six Boeing 737 MAXs