Massive Deal Done For General Electric (NYSE:GE)

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General Electric (NYSE:GE) has signed a $600 Million deal to provide engines for Air Asia. Massive Deal Done For General Electric (NYSE:GE) The New York-based multinational conglomerate, General Electric (NYSE:GE), has signed a deal for $600 million to provide engines for Kuala Lumpur based Air Asia. As per the deal, three new A330-200 Air Asia aircrafts will have General Electric (NYSE:GE) engines at their heart. This deal also includes an option for engines to power two additional aircraft, and a long-term maintenance agreement. General Electric Co. (NYSE:GE) shares were at 19.76 at the end of the last day’s trading. There’s been a -8.7% change in the stock price over the past 3 months. General Electric Co. (NYSE:GE) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.8 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.88 Zack’s Rank: 10 out of 27 in the industry