7/103 sources · 3 publishersUpdated Nov 6, 18:01 UTC
GE Aerospace announces record $12.9 billion of sales and service contracts at China import expo
GE Aerospace disclosed that it closed contracts valued at $12.9 billion during the China International Import Expo. The agreements include the sale of 202 LEAP‑1A engines to China Eastern Airlines for 101 new A320neo aircraft, plus 14 spare engines, and a supply‑and‑repair partnership with MTU Maintenance Zhuhai. The announcements were made on 6 November 2026.
Why it matters
The contracts expand GE Aerospace’s exposure to the Chinese market and add a sizable revenue pipeline. The company’s statement calls the $12.9 billion figure a record for the expo, indicating a potentially material boost to upcoming sales and service revenue.
Key facts
- 1GE Aerospace signed contracts worth more than $12.9 billion at the China International Import Expo. investing.com
- 2China Eastern Airlines will buy 202 LEAP‑1A engines to equip 101 new Airbus A320neo aircraft. investing.com
- 3The airline also agreed to purchase 14 spare LEAP‑1A, LEAP‑1C and CFM56‑7B engines. investing.com
- 4GE Aerospace entered a supply and repair agreement with MTU Maintenance Zhuhai, a joint venture of China Southern Air and MTU Aero Engines. investing.com
- 5GE Aerospace shares rose about 2% after the announcement. finance.yahoo.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.