tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

GE Aerospace’s GEnx-1B engines selected to power 787 Dreamliners by Saudi Group

Saudia Group announced a strategic agreement with GE Aerospace (GE) to equip Saudia, the Kingdom of Saudi Arabia’s national flag carrier, with GEnx-1B engines for its 2023 order of 39 Boeing (BA) 787-9 and 787-10 aircraft. The agreement includes the supply of engines, a multi-year maintenance, repair, and overhaul program, and spare engines. It also encompasses a series of capability-building initiatives-delivered through Saudia Technic, the Group’s maintenance and engineering arm-designed to expand and localize the Kingdom’s aerospace expertise through technical training and knowledge transfer. GE Aerospace Chairman and CEO H. Lawrence Culp, Jr., said, “We are honored to support Saudia Group’s growth and are grateful for their trust in us. The GEnx engines will provide reliability, efficiency, and durability to power the airline’s expanded widebody fleet. Our collective efforts to further develop a skilled aerospace workforce that benefits the Kingdom and the United States will support our industry for decades to come.”

TipRanks Black Friday Sale

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1