AerCap has selected GE Aerospace's GEnx-1B engines to power 15 additional Boeing 787 Dreamliners, reinforcing its position as the largest owner of these aircraft. The GEnx engine is known for its high reliability and long service life, with a 99.98% dispatch reliability rate and extended time on wing. GE Aerospace is investing heavily in manufacturing capacity and supplier capabilities to meet rising demand. This deal highlights ongoing confidence in GE's engine technology and supports AerCap's strategy to provide efficient, reliable aircraft to its global customers.
AerCap has selected GE Aerospace's GEnx-1B engines to power 15 additional Boeing 787 Dreamliners, reinforcing its position as the largest owner of these aircraft. The GEnx engine is known for its high reliability, with a 99.98% dispatch rate and exte...
Wells Fargo raised its price target for GE Aerospace to $390, maintaining an Overweight rating after the company reported strong Q2 results. GE Aerospace posted adjusted earnings of $2.02 per share and revenue of $12.63 billion, both exceeding analys...
IndiGo, India's largest airline, has signed a Memorandum of Understanding with CFM International for over 1,000 LEAP-1A engines to power 510 Airbus A320neo Family aircraft, marking the largest single order for these engines. The deal also includes su...
GE Aerospace, in partnership with NASA, BETA Technologies, and Boeing, successfully conducted the world's first hybrid electric flight above 30,000 feet using a modified Saab 340B aircraft. This milestone demonstrates the viability of hybrid electric...
The GE Aerospace GEnx-1B engine, which powers the Boeing 787 Dreamliner, has surpassed 50 million flight hours in just over 14 years, marking the fastest milestone for any GE commercial widebody engine. It is used by over 50 operators worldwide and m...
