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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 Gaurav Raghuvanshi
SINGAPORE--VietJet Aviation Co. (VJET.YY) Wednesday said it has signed a deal worth US$300 million with engine manufacturer CFM International to maintain its jet engines.
CFM, a joint venture of GE Aviation, a division of General Electric Co., and Snecma, a division of Safran S.A. of France, will guarantee maintenance costs for 45 CFM56-5B engines for the next 12 years, according to a statement by VietJet.
The engines are fitted on VietJet's 21 Airbus Group N.V. A320 jets.
Earlier this year, the airline signed a separate US$800 million deal with CFM to buy 21 engines to power its new planes.
Write to Gaurav Raghuvanshi at gaurav.raghuvanshi@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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