Vietnam Airlines signs $1.7 billion deal to buy GE engines: source

HANOI Tue Oct 29, 2013 12:52am EDT

HANOI (Reuters) - National carrier Vietnam Airlines has placed an order for General Electric (GE) (GE.N) engines to power its Boeing Co (BA.N) 787 Dreamliners in a deal worth around $1.7 billion, a source with knowledge of the transaction said on Tuesday.

The airline has placed an order for 40 engines, which will be installed on the 787s to be delivered by 2015, Vietnam Airlines and GE said in a joint statement on Monday, without disclosing the value of the deal.

A Vietnam Airlines spokesman declined to comment on the value of the transaction.

(Compiled by Ho Binh Minh; Editing by Ryan Woo)

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Comments (1)
kono287 wrote:

Too bad the photo shows a “Vietjet” aircraft, which is a completely different carrier, and quite inferior to Vietnam airlines as well. I can not understand how such shabby work is accepted in so called “professional” venues.

Oct 28, 2013 10:15pm EDT  --  Report as abuse
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