GE arm, Boeing confirm order for 40 planes

January 21, 2014 08:44 am | Updated November 16, 2021 06:37 pm IST - SEATTLE

In this file photo from Singapore, a model of a Boeing 737 is seen at the Boeing booth at the exhibition hall of the Singapore Air Show.

In this file photo from Singapore, a model of a Boeing 737 is seen at the Boeing booth at the exhibition hall of the Singapore Air Show.

A General Electric plane leasing unit has ordered 40 aircraft from airplane maker Boeing, a deal valued at $3.9 billion at list prices.

Boeing booked the order from GE Capital Aviation Services, the commercial aircraft leasing and financing arm of General Electric Co., in 2013. It had been listed as an unidentified buyer on Chicago-based Boeing’s website.

The order consists of 40 737s. Half are 737 Max 8s and half are next-generation 737-800s.

With the new order, the GE aircraft arm has ordered 638 airplanes directly from Boeing.

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