GE Aviation wins orders worth $10 billion

A statement released by GE Aviation has said that the company has received a total of $10 billion in products and service orders at the recent Dubai Air Show. According to the statement, GE to date has sold more than 1,100 GEnx engines, making it the company's fastest-selling high-thrust engine in history. To meet the strong demand for its engines, GE will expand its jet engine production by more than 50 per cent over the next three years.

GE Aviation landed $7.7 billion worth of deals (based on engine list prices) including Saudi Arabian Airlines' $1.4 billion deal for overhaul support services on its GE90, CF6 and CF34 engines, as well as to supply materials for 14 years.

Dubai Aerospace placed orders worth $770 million for GE90-115B engines to power 10 Boeing 777-300ER and GEnx engines for five Boeing 747-8 freighters; other orders include a Royal Jordanian 12-year service contract for maintenance, overhaul and repair of GEnx engines for 12 Boeing 787s; a Qatar Airways order, worth $1.2 billion, for engines, including GEnx engines, to power its 30 Boeing 787s and GE90-115Bs for five Boeing 777 freighters.

Qatar Airways also signed a $2.5 billion, 15-year service contract to provide maintenance and overhaul work over the life of the contract.

Other orders include Emirates' $800 million worth of orders involving GP7200 engines to power its 12 Airbus A380 aircraft, and Emirates' additional orders to power 12 Boeing 777-300ER aircraft with the GE90-115B engine. The engine order is worth more than $725 million.