Supply Chain

Boeing Lands Big Order from GE Plane Leasing Arm

Jan. 4, 2017

Booked in December, the order calls for 75 737 Max 8 planes at a value of $8.25 billion.

NEW YORK — Boeing won a contract to supply 75 single-aisle 737 Max 8 planes to General Electric’s airplane leasing arm worth $8.25 billion at current listed prices, the companies announced Wednesday.

Booked in December, the order increases GE Capital Aviation Services’ backlog of the popular Boeing model to 170 planes.

Boeing said its 737 Max model has had a total of 3,419 orders, making it the aerospace giant’s fastest-selling plane ever.

GECAS has a fleet of more than 1,950 aircraft and has customers in more than 74 countries. It also works in aviation financing.

Copyright Agence France-Presse, 2017

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