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Share Name | Share Symbol | Market | Type |
---|---|---|---|
GE Aerospace | NYSE:GE | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
1.22 | 0.72% | 170.00 | 170.19 | 168.10 | 168.10 | 4,874,371 | 00:20:58 |
By Pierre Bertrand
Air France-KLM said Tuesday that it has signed an agreement with CFM International for the purchase of engines to power the Franco-Dutch airline group's new fleet of Airbus SE's A320neo and A321neo planes.
Under the agreement, Air France-KLM will purchase 200 LEAP-1A engines from the jet engine manufacturer, a 50-50 joint venture between GE Aviation, part of General Electric Co., and Safran Aircraft Engines, a subsidiary of French aircraft equipment manufacturer Safran SA.
In December, Air France-KLM ordered 100 Airbus A320neo planes, with purchase rights for a further 60, as the company works on renewing and expanding its fleet.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
July 05, 2022 12:31 ET (16:31 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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