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Vietnam’s Bamboo Airways signs 1.73 billion euro supply deal with GE, Safran JV -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO A Bamboo Airways Airbus A320-200, operated by Freebird Airlines, prepares for landing at Noi Bai International Airport in Hanoi (Vietnam), April 18, 2019. REUTERS/Kham/File Photo

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HANOI (Reuters – Vietnam’s Bamboo Airways has signed a memorandum d’ understanding with a joint venture. General Electric (NYSE: Safran (PA:] SA to purchase aircraft engines and other equipment in excess of 1.73 billion Euros ($2 billion).

The joint venture, CFM International, will supply LEAP-1A engines and equipment for Bamboo Airways’ fleets of Airbus A321NEO and Boeing (NYSE:) 787-9 aircraft under the deal signed in Paris in the presence of Vietnamese Prime Minister Pham Minh Chinh.

($1 = 0.8645 euros)

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