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GE GE Aerospace

162.735
3.61 (2.27%)
Last Updated: 20:21:59
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
  3.61 2.27% 162.735 162.94 159.77 159.93 4,072,171 20:21:59

British Airways Orders First GEnx Engines for New 787 Dreamliners

22/07/2024 5:34pm

PR Newswire (US)


GE Aerospace (NYSE:GE)
Intraday Stock Chart


Monday 22 July 2024

Click Here for more GE Aerospace Charts.

FARNBOROUGH, England, July 22, 2024 /PRNewswire/ -- GE Aerospace (NYSE: GE) announced today that International Airlines Group (IAG) has committed to purchasing GEnx engines to power six new 787 Dreamliners for British Airways – the first introduction of this engine into their fleet.

. (PRNewsfoto/GE Aerospace)

"British Airways was the launch customer for the highly successful GE90 engine. Bringing the GEnx into their 787 fleet represents another important milestone in our relationship," said Russell Stokes, President and CEO, Commercial Engines and Services, GE Aerospace. 

The GEnx-1B powers two out of every three 787 aircraft in service. The engine also provides a 1.4 percent fuel burn savings for the typical 787 mission compared to its competition. Like all GE Aerospace engines, the GEnx can operate on approved Sustainable Aviation Fuel (SAF) blends today.

"The GEnx engine is performing well with millions of reliable flight hours under wing and proven fuel efficiency and economics," IAG said. "This selection by IAG and British Airways affirms the confidence we have in the GEnx engine and 787 aircraft combination." 

The GEnx engine family has more than 56 million flight hours since entry into service in 2011 and is the fastest-selling, high-thrust engine in GE Aerospace history with nearly 3,000 engines in service and on backlog, including spares. 

British Airways currently operates aircraft powered by GE Aerospace's GE90, CF34 and LEAP* engines.

*CFM is a 50/50 joint venture between GE Aerospace and Safran Aircraft Engines 

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. 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/british-airways-orders-first-genx-engines-for-new-787-dreamliners-302202940.html

SOURCE GE Aerospace

Copyright 2024 PR Newswire

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