LE BOURGET -- GE Capital Aviation Services (GECAS) announced a commitment to order 10 Boeing 787-10 Dreamliners powered with GEnx-1B engines. The engines are valued at close to $500 million (USD) list price.
"The GEnx engines are performing extremely well in service, and we are proud GECAS selected the engines for its Boeing 787 Dreamliners," said Kevin McAllister, vice president and general manager of Global Sales & Marketing at GE Aviation. "Production is ramping up for the engine line with 200 engines being manufactured in 2013 and about 300 engines produced in 2014."
The GEnx-1B engine is the best-selling engine on the Boeing 787 Dreamliner. The engine has accumulated more than 60,000 flight hours and more than 14,000 cycles since entering service in 2012. About 900 GEnx-1B engines have been sold to more than 30 customers.
The GEnx engine family is the fastest-selling engine in GE Aviation history with more than 1,300 engines on order. Compared to GE's CF6 engine, the GEnx engine offers up to 15 percent better fuel consumption, 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, Avio SpA. of Italy, GKN Aerospace Engine Systems of Sweden, MTU of Germany, TechSpace Aero of Belgium, Snecma (SAFRAN Group) of France and Samsung Techwin of Korea.
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.