GE and Its JV Partners Receive More Than $31 Billion in Orders/Commitments at 2017 Paris Air Show

GE Aviation and its joint venture companies, led by CFM International*,
announced more than $31 billion (USD) in orders and commitments at this
week’s 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 (all values quoted in U.S. dollars at list
price or over the life of the agreement):

  • 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 Corporation: LEAP-1A engines for Airbus A320neos
    Value:
    $725 million
  • Aviation Capital Group LLC: 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
    Add’l info: 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 Company: 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

To read more about any of these 2017 Paris Airshow announcements, visit http://www.geaviation.com/shows.

ABOUT GE AVIATION

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading
provider of jet and turboprop engines, components, integrated digital,
avionics, electrical power and mechanical systems for commercial,
military, business and general aviation aircraft. GE Aviation has a
global service network to support these offerings and is part of the
world’s Digital Industrial Company with software-defined machines and
solutions that are connected, responsive and predictive. For more
information, visit us at www.ge.com/aviation.
Follow GE Aviation on Twitter at http://twitter.com/GEAviation
and YouTube at http://www.youtube.com/user/GEAviation.

TMTrueChoice is a trademark of General Electric Company.

*CFM International is a 50/50 joint company between GE and Safran
Aircraft Engines