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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 | |
---|---|---|---|---|---|---|---|---|
1.85 | 1.14% | 164.49 | 165.74 | 162.0101 | 165.30 | 3,967,223 | 01:00:00 |
By Olivia Bugault
CFM International, a Safran SA and General Electric Co. joint venture, said Wednesday that Indian airline Akasa Air has signed a purchase agreement for LEAP-1B jet engines.
At list price, the agreement--which also includes spare engines and long-term services--is valued at almost $4.5 billion, the supplier of jet engines said.
The LEAP-1B aircraft engines will power the 72 Boeing 737 MAX jets whose order by Akasa Air was announced Tuesday during the Dubai air show. LEAP-1B engines are exclusively used on 737 MAX planes.
Akasa Air plans to launch commercial flights in the summer of 2022.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
November 17, 2021 06:19 ET (11:19 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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