GE's GEnx engines rack up $10 billion in orders before production
23 Mar 2007
The yet to be produced GEnx jet engine, being developed by GE Aviation, has already run up a backlog of orders worth $10 billion, according to the company. The Evendale, USA, based unit of General Electric, has said through a news release that 28 customers have so far ordered 830 engines worldwide.
First Choice Airways, a British charter airline, has placed the most recent order to power four Boeing 787 Dreamliner aircraft. The order will be worth $125 million for the company.
The GEnx is being developed to power Boeing's 787 and 747-8 aircraft. It is currently being flight-tested and is due to receive certification later this year. The engine will succeed GE's line of CF6 engines, and provide better performance and lower fuel consumption, the company said.
GE Aviation develops and manufactures jet engines for commercial and military aircraft, and is a unit of General Electric, headquartered in Fairfield, Conn., USA.