GE Capital Aviation orders 40 Boeing 737s for $3 billion at list prices

GE Capital Aviation orders 40 Boeing 737s

FARNBOROUGH, England — GE Capital Aviation Services says it has ordered 40 Boeing 737-800 planes for $3 billion at list prices.

The deal announced at the Farnborough International Airshow on Monday follows orders for other Airbus and Boeing commercial aircraft from Emirates airline and newly created leasing company Air Lease Corp. — raising hopes the aviation market is improving after a two-year downturn.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP’s earlier story is below.

FARNBOROUGH, England (AP) — Qatar Airways CEO Akbar Al Baker says his company has ordered three business jets from Canadian manufacturer Bombardier.

In a press conference Monday, he announced an order for two Global 5000 aircraft and — a last minute addition — a Challenger 605.

The deal is worth $122 million at list prices, although airlines often negotiate substantial discounts.

Al Baker says Qatar Airways is still talking to Bombardier about buying its C-Series commercial jet, but was not able to conclude a deal at the airshow.