GE arm, Boeing confirm order for 40 planes

Published January 20, 2014 9:02pm ET



SEATTLE (AP) — A General Electric plane leasing unit has ordered 40 aircraft from airplane maker Boeing, a deal valued at $3.9 billion at list prices.

Boeing booked the order from GE Capital Aviation Services, the commercial aircraft leasing and financing arm of General Electric Co., in 2013. It had been listed as an unidentified buyer on Chicago-based Boeing’s website.

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