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GE GE Aerospace

172.045
9.29 (5.70%)
Last Updated: 14:57:50
Delayed by 15 minutes
Share Name Share Symbol Market Type
GE Aerospace NYSE:GE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  9.29 5.70% 172.045 172.30 164.615 165.62 3,368,015 14:57:50

American Airlines Orders 180 CF34 Engines to Power New Embraer 175 Fleet

23/07/2024 1:52pm

PR Newswire (US)


GE Aerospace (NYSE:GE)
Intraday Stock Chart


Tuesday 23 July 2024

Click Here for more GE Aerospace Charts.

FARNBOROUGH, England, July 23, 2024 /PRNewswire/ -- GE Aerospace (NYSE:GE) announced that American Airlines has finalized an order for 180 CF34-8E engines plus spares to power its fleet of 90 new Embraer 175 regional jets.

. (PRNewsfoto/GE Aerospace)

"The CF34 engine has a long track record of success with American Airlines and we're grateful the American team is putting its trust in us again," said Russell Stokes, President and CEO, Commercial Engines and Services, GE Aerospace. "This order, along with the CFM deals announced this spring with American, highlight our continued success at providing our customers industry-leading products and services."

More than 7,500 CF34 engines are in service with more than 900 Regional and Business Jet operators globally. The CF34-8E has accumulated more than 40 million flight hours and 29 million cycles since entering service on the Embraer E170/175 in 2004. Today, the CF34 engine line, which includes -3, -8, and -10 models, powers more than 2,500 regional commercial aircraft.

"The reliability and performance of the CF34 engine has been critical to our success for many years," said American's CFO Devon May. "We look forward to continuing our strong partnership with GE Aerospace as we invest in modernizing and strengthening our domestic and regional fleet."

GE Aerospace has delivered nearly 11,000 CF34 engines and the line has a track record for outstanding reliability and durability, with a dispatch reliability rate of 99.97% (12-month rolling). All CF34 engines (like all GE Aerospace engines) can operate on approved SAF fuel blends today.

About GE Aerospace
GE Aerospace (NYSE:GE) is a global aerospace propulsion, services, and systems leader with an installed base of approximately 44,000 commercial and 26,000 military aircraft engines. With a global team of 52,000 employees building on more than a century of innovation and learning, GE Aerospace is committed to inventing the future of flight, lifting people up, and bringing them home safely. Learn more about how GE Aerospace and its partners are defining flight for today, tomorrow and the future at www.geaerospace.com.

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SOURCE GE Aerospace

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