AerCap orders 150 CFM engines worth about $3 billion [Yahoo! Finance]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: Yahoo! Finance
The CFM engines are made by a joint venture between General Electric Co and France's Safran SA. The engines will be managed by SES, a 50-50 joint-venture company between Safran and AerCap. AerCap's announcement comes ahead of its investor day presentation later on Wednesday. The company's board has also authorized a new $500 million share repurchase program through Dec. 31. (Reporting by Nathan Gomes in Bengaluru; Editing by Shilpi Majumdar)
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