CIT Aerospace Selects GEnx Engines to Power Its Boeing 787 Dreamliner
EVENDALE, OH -- CIT Aerospace chose the GEnx-1B engine to power its four Boeing 787-9 Dreamliners. This engine order will boost CIT’s GEnx-1B-powered Boeing 787 Dreamliner fleet to a total of seven aircraft. The new GEnx engine order is valued at more than $200 million (USD) list price.
“The GEnx-powered Boeing 787 aircraft has proven itself with outstanding fuel burn and reliability, and we are pleased to add four more GEnx-powered aircraft to our leasing fleet,” said Tony Diaz, President of CIT Commercial Air.
“The GEnx-1B engines is the leading engine of choice for the Boeing 787 Dreamliner,” said Chaker Chahrour, vice president and general manager of Global Sales & Marketing at GE Aviation. “The selection by CIT for additional GEnx-powered Boeing 787 aircraft is a testament to the engine’s outstanding performance.”
The GEnx-1B engine is the best-selling engine on the Boeing 787 Dreamliner. The engine has accumulated more than 1.7 million flight hours and more than 300,000 cycles since entering service. More than 1,600 GEnx-1B engines have been sold to more than 50 customers.
Compared to GE's CF6 engine, the GEnx engine offers up to 15 percent better fuel efficiency, which translates to 15 percent less CO2. The GEnx's innovative twin-annular pre-swirl (TAPS) combustor dramatically reduces NOx gases as much as 55 percent below today's regulatory limits and other regulated gases as much as 90 percent. Based on the ratio of decibels to pounds of thrust, the GEnx is the quietest engine GE produces due to the large, more efficient fan blades that operate at slower tip speed, resulting in about 40 percent lower noise levels.
The GEnx is part of GE's "ecomagination" product portfolio - GE's business strategy to develop new, cost-effective technologies that enhance customers' environmental and operating performance.
Revenue-sharing participants on the GEnx are IHI Corporation of Japan, Volvo Aero of Sweden, MTU of Germany, TechSpace Aero (Safran) of Belgium, Snecma (SAFRAN Group) of France and Samsung Techwin of Korea.
About CIT Aerospace
As one of the world's leading aircraft leasing organizations, CIT Aerospace provides leasing and financing packages, including operating leases and structuring and advisory services, for commercial airlines worldwide. CIT Aerospace owns, finances and manages a fleet of more than 350 commercial aircraft serving approximately 100 customers in 50 countries. For more information, visit cit.com/aerospace.
About GE Aviation
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings.