EVENDALE, OH - Cathay Pacific Airways ordered 21 GE9X-powered Boeing 777-9X. This order makes Cathay Pacific the first customer in the Asia-Pacific region to select the new GE9X, which is part of the highly successful GE90 engine family.

Cathay Pacific also signed a 15-year OnPointSM solution agreement to cover the maintenance, repair and overhaul of the GE9X engines.

"Cathay Pacific's commitment to the GE9X engine is a demonstration of its confidence in our new wide-body engine technologies," said David Joyce, president and chief executive officer of GE Aviation. "The new GE9X-powered Boeing 777X family will offer tremendous benefits in performance and fuel efficiencies, and we look forward to working with Boeing to design one of the best wide body aircraft offerings for our customers."

Since Boeing selected the GE9X engine to power its new 777X family in March, more than 550 GE9X engines have been ordered by five customers: Lufthansa, Etihad Airways, Emirates, Qatar Airways and Cathay Pacific. The engine orders are valued at more than $21 billion list price.

The GE9X engine for Boeing's 777X family will be in the 100,000-pound thrust class with a 10 percent improvement in fuel burn over today's GE90-115B. Key features include: the industry's largest front fan, composite fan case and fourth-generation composite fan blades, highest pressure ratio compressor for any large GE engine, third-generation TAPS (twin annular pre-swirl) combustor for greater efficiency and low emissions, and ceramic matrix composite (CMC) material in the combustor and turbine.

OnPoint solutions are customized service agreements tailored to the operational and financial needs of each customer for any size fleet. These agreements are designed to help lower the customers' cost of ownership and maximize the use of their assets. Backed by GE's global support network, OnPoint services may include overhaul, on wing support, new and used serviceable parts, component repair, technology upgrades, engine leasing, integrated systems support and diagnostics and integrated systems.

About Cathay Pacific

Cathay Pacific Airways is a Hong Kong-based airline offering scheduled passenger and cargo services to more than 180 destinations in Asia, North America, Australia, Europe and Africa, using a fleet of 140 wide-body aircraft. The company is a member of the Swire group and is a public company listed on the Hong Kong Stock Exchange. Dragonair is a wholly owned subsidiary of Cathay Pacific, and the airline also has a 60% stake in AHK Air Hong Kong Ltd, an all-cargo carrier operating regional express freight services. Cathay Pacific has made substantial investments to develop Hong Kong as one of the world's leading global transportation hubs. The airline is a founder member of the oneworld global alliance.

About GE Aviation

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