Chinese private airline signs engine deal with GE

SHANGHAI, Nov. 12 (Xinhua) -- Shanghai-based Juneyao Airlines has reached agreement with General Electric (GE) to supply GEnx engines for its Boeing 787-9 aircraft.

Juneyao ordered engines for its 10 Boeing 787-9 aircraft, purchased in 2016 for delivery from 2018.

The order is valued at 1.4 billion U.S. dollars and includes a 15-year agreement with GE Aviation for maintenance and repair of the engines.

The deal is one of many contracts and two-way investment agreements signed by China and the U.S. during President Donald Trump's visit, worth more than 250 billion U.S. dollars.