GE Lease Unit to Buy 10 of Boeing’s Biggest Dreamliners
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General Electric Co.’s aircraft leasing division agreed to buy 10 of the largest Boeing Co. 787 Dreamliners valued at about $2.9 billion, a boost for the planemaker’s decision to stretch the jet to add seats.
Deliveries would occur from 2019 to 2021, pending final approval at Boeing to offer the model, Chief Executive Officer Norm Liu of GE Capital Aviation Services said today at the Paris Air Show. Fairfield, Connecticut-based GE makes engines for the 787, the first jetliner built chiefly from composite plastic.