https://financialpost.com/pmn/business-pmn/vietnams-bamboo-airways-signs-1-73-bln-euro-supply-deal-with-ge-safran-jv
© Reuters. FILE PHOTO: A Bamboo Airways Airbus A320-200 operated by Freebird Airlines prepares to land at Noi Bai international airport in Hanoi, Vietnam April 18, 2019. REUTERS/Kham/File Photo HANOI (Reuters) - Vietnam's Bamboo Airways on Wednesday signed a memorandum of understanding with a joint venture between General Electric (NYSE:) and Safran (PA:) SA 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 (NYSE:) 787-9 aircraft under the deal signed in Paris in the presence of Vietnamese Prime Minister Pham Minh Chinh.
($1 = 0.8645 euros)