Tuesday, June 16, 2009

Etihad Airways sign mega deals at Paris Air Show

UAE airline has agreed 5.2-billion-dollar engine and maintenance deal with GE, Engine Alliance.
LE BOURGET - United Arab Emirates airline Etihad Airways on Tuesday said it had agreed an engine and maintenance deal with GE and Engine Alliance worth 5.2 billion dollars (3.7 billion euros).
The biggest order was with US giant conglomerate giant GE, which will supply Etihad Airways with engines for 35 Boeing 787s and 10 Boeing 777s alongside a maintenance contract in a deal totalling 3.9 billion dollars.
Etihad Airways chief James Hogan also announced a deal to supply 45 engines plus a maintenance contract for 10 Airbus A380 superjumbos worth "more than 1.3 billion dollars in total with Engine Alliance," a joint venture between GE Aircraft Engines and Pratt & Whitney.
The announcements came on day two of the prestigious Paris Air Show.

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