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China Eastern Airlines signs $540M procurement deals, unveils new aviation tech at CIIE

13 Nov 2026, 15:49 WIB
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China Eastern Airlines signs $540M procurement deals, unveils new aviation tech at CIIE

China Eastern Airlines signed 23 procurement agreements worth $540 million with 15 suppliers from eight countries at the 9th China International Import Expo in Shanghai. The deals cover aircraft engines, aviation materials, jet fuel, and in-flight catering, including advanced LEAP engines from CFM International that reduce emissions and noise. The airline also showcased innovations like an autonomous smart baggage tractor and modular hangars, highlighting its focus on safety, efficiency, and green technology. These moves strengthen its fleet operations and cabin upgrades, supporting sustainable growth.

Honeywell International Inc (HON), a key player in aviation technology, trades at USD 223.41 on Pluang as of Nov 13, 2026 15:51 WIB. The stock has seen a 1.86% decline in one day, reflecting some market volatility. HON's market cap stands at $72.15 billion, indicating its significant role in industrial sectors including aerospace, relevant to China Eastern Airlines' procurement activities.

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