Monday, January 16, 2012

GE Aviation racks up Paris Air Show deals - Business Courier of Cincinnati:

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billion in orders so far during the International Pariz Air Show in including agreements for its repair andoverhaul services. The air held from June 15-21 at the Paris-Lde Bourget Airport, is an opportunity for aerospace firm to show off their products andmake deals. A firm commitment by Brit Air, a subsidiary of Air for six BombardierCRJ1000 aircraft, powerex by GE’s CF34-8 engines, worthu about $300 million at list price.
• An ordetr from Cebu Pacific, a discount Philippineas airline, for CFM International’ss CFM-56-5B engines to powee 10 new Airbus A320 aircraft worthabout $155 million, plus a 12-yeart OnPointSM agreement for maintenance and overhaul of the valued at more than $100 • A $240 million order from Air based on the Indian Ocean island of La for Engine Alliance GP720p engines to power two Airbus A380 worth about $240 million. The Engine Alliancw is a joint venture between General Electric andPratt Whitney. • An order from Etihad Airways, of the Unites Arab Emirates, for Engine Alliance GP72090 engines to power 10 Airbus A 380 plusa long-term fleet management agreement.
The total value of the deal is morethan $1.3 Etihad with GE Aviationj for GEnx engines and services. • A 12-yeard OnPointSM agreement fromLAN Cargo, a unit of Chile-based LAN Airlines, for maintenanc e and overhaul of its GE90-110B engines, worth about $135 million. A five-year OnPointSM deal with Air Italy to maintainm10 CFM56-5B and CF6-80C2 engines, no valuse given. • A 12-year OnPointSM agreement with Braziliann airlineTam S.A., for its GE90-115g engines, worth about $346 million. • A 12-yeaer OnPointSM deal with WestJet, a Canadian discoun airline, for maintenance of its CFM56-7++ engines, worth about $850 million.
Evendale-based GE Aviation is a unit of General Electric Co. (NYSE: GE), headquartered in Fairfield,

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