GE arm, Boeing confirm order for 40 planes

SEATTLE (AP) - 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, and 8s half are next-generation 737-800s.

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


(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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