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Intrepid Aviation Orders GE90-115B-powered Boeing 777-300ERs

July 15, 2014

FARNBOROUGH AIR SHOW – July 15, 2014 – Intrepid Aviation ordered up to ten Boeing 777-300ER aircraft, powered with GE90-115B engines. The engine order for six firm GE90-powered Boeing 777-300ERs is valued at more than $400 million (USD) list price.

 

Franklin Pray, Intrepid Aviation's CEO commented that "Adding further GE90-powered Boeing 777-300ER aircraft to our portfolio enables us to offer our customers an incredibly efficient aircraft with unique payload range capabilities. This is an exciting addition to our orderbook."

"The GE90-115B engine has outperformed our expectations with a dispatch reliability rate of 99.98% and fuel burn that is 3.6 percent better than 2000 launch specifications," said Chaker Chahrour, vice president and general manager of GE Aviation's Global Sales & Marketing organization. "The GE90 and Boeing 777 engine aircraft combination will provide outstanding performance and reliability for Intrepid Aviation's customers around the globe."

Intrepid Aviation is a privately held commercial aircraft lessor, which owns commercial aircraft leased to airline operators worldwide. Intrepid Aviation focuses primarily on twin-engine widebody equipment, such as the Boeing 787,777 and the Airbus A330 and A350 aircraft. For more information on Intrepid Aviation, visit www.intrepidaviation.com.

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.