Business

Vietnam’s Bamboo Airways signs 1.73 bln euro supply deal with GE, Safran JV

Vietnam’s Bamboo Airways on Wednesday signed a memorandum of understanding with a joint venture between General Electric (GE.N) and Safran SA (SAF.PA) for the purchase of aircraft engines and equipment worth up to 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 787-9 aircraft under the deal signed in Paris in the presence of Vietnamese Prime Minister Pham Minh Chinh.