Ethiopian Airlines Orders GE90-115B Engines for Boeing 777 Fleet

November 16, 2009

DUBAI -- Ethiopian Airlines has ordered five GE90-115B-powered Boeing 777-200LR aircraft. Aircraft deliveries are scheduled to begin in late 2010. The engine order is valued at more than $350 million (USD) list price.

"Ethiopian Airlines is the first African airline to order the GE90-115B-powered Boeing 777-200LR aircraft and was the first African airline to order GEnx engines for its Boeing 787 aircraft," said Kevin McAllister, vice president and general manager of Sales, GE Aviation. "GE Aviation is extremely proud of the trust and confidence Ethiopian Airlines has in our outstanding engine products, and we look forward to working with them to ensure successful entry into service."

The CEO of Ethiopian Airlines Ato Girma Wake stated "As a rapidly growing world-class African airline, we're enhancing our reach and offering better choices to our customers through continuous expansion of our route network. Alongside the rapid growth and expansion, we continue to hold dear our social values and responsibly discharge our social obligations in protecting the environment. Our purchase of the GE engines, we believe, will be of help to us in achieving our objective and reaffirming our commitment to our corporate social responsibilities."

One of the largest airlines in Africa and the flag carrier of Ethiopia, Ethiopian Airlines provides seamless world-wide connections from its Addis Ababa hub. The airline operates one of the newest and youngest aircraft fleets in the world.

As the world's largest, highest-thrust commercial engine, the GE90-115B engine powers the Boeing 777-200LR, -300ER and Freighter aircraft. The engine is one of the quietest per pound of thrust and exhibits superior fuel burn and lower overall emissions due in part to its advanced combustor. The combustor meets all current international emissions standards with margin, including no more than 40 percent of the allowable hydrocarbons.

The GE90-115B engine has proven to be tremendously popular with customers around the world, with more than 1,000 engines being sold. The GE90-115B engine has logged more than four million flight hours since entering service in 2004.

Snecma of France, Avio SpA. of Italy, and IHI of Japan are revenue-sharing participants in the GE90 program.

The GE90-115B is part of GE's "ecomagination" product portfolio -- GE's commitment to develop new, cost-effective technologies that enhance customers' fuel efficiencies and operating performance.

GE Aviation, an operating unit of General Electric Company (NYSE: GE), is a world-leading provider of jet engines, components and integrated systems for commercial and military aircraft. GE Aviation has a global service network to support these offerings.