GE Aerospace has announced the opening of XEOS, a state-of-the-art maintenance, repair, and overhaul (MRO) facility located in Sroda Slaska, near Wrocław, Poland. This facility is focused on the advanced servicing of LEAP engines, which are widely used in the latest generation of commercial aircraft.
Korean Air is nearing the finalization of a major $32.7 billion agreement that will significantly expand and modernize its long-haul fleet. The memorandum of understanding (MOU) includes the acquisition of 20 Boeing B777-9 and 20 Boeing B787-10 aircraft, with options for 10 additional aircraft and up to ten spare engines.
SMBC Aero Engine Lease (Netherlands) has successfully delivered its fifth aircraft engine to Aeromexico, completing a sale & leaseback transaction for a GEnx-1B76A engine on November 29, 2024. This latest deal strengthens the ongoing partnership between SMBC Aero Engine Lease and Aeromexico, supporting the airline’s fleet modernization and operational efficiency.
World Star Aviation, a UK-based aviation asset management company, has announced the successful completion of a sale/leaseback transaction for a GEnx-1B engine. This transaction underscores the company’s expertise in structuring tailored leasing solutions for the aviation industry.
GE Aerospace, a leading U.S.-based aviation technology provider, has reported robust growth in its fourth-quarter 2024performance, showcasing significant increases in orders, revenue, and profit. The company’s total orders rose by 46% to $15.5 billion, driven by strong demand for its advanced aviation products and services.
GE Aerospace, in partnership with Boeing, NASA, and the Oak Ridge National Laboratory, is advancing the aviation industry’s pursuit of energy efficiency by modeling the integration of an Open Fan engine design with an aircraft. This collaborative effort underscores a shared commitment to developing innovative technologies that reduce fuel consumption and emissions.
GE Aerospace and Liebherr have announced their intention to collaborate with COMAC (Commercial Aircraft Corporation of China) in the development of the C929, China’s ambitious wide-body aircraft project. This collaboration marks a significant step in GE Aerospace and Liebherr’s longstanding relationship with COMAC, having previously supplied components for smaller planes. The companies aim to bring their technical expertise and advanced component…
Royal Jordanian Airlines has strengthened its partnership with GE Aerospace by placing an order for GEnx-1B engines to power its expanding fleet of Boeing 787-9 aircraft. This commitment includes 18 engines plus spares, along with a comprehensive TrueChoice services agreement. The GEnx-1B engines, known for their fuel efficiency and reliability, will support Royal Jordanian’s strategy to enhance its long-haul capabilities and reduce environmental impact…
GE Aerospace, a major player in aviation engine manufacturing, has entered an MRO offload agreement with United Aerospace Maintenance Company based in Cyprus. This partnership will focus on providing quick turn workscopes for LEAP engines, allowing GE Aerospace to enhance its maintenance capabilities and improve turnaround times for customers. The LEAP engine, known for its fuel efficiency and advanced technology,…
GE Aerospace has announced that Xiamen Airlines, a leading carrier in China, has signed a TrueChoice service agreement to cover maintenance, repair, and overhaul (MRO) services for 35 GEnx engines. These engines power Xiamen Airlines’ fleet of Boeing 787 aircraft, which are instrumental in the airline’s long-haul operations. The TrueChoice agreement reflects both companies’ commitment to enhancing engine performance and maximizing operational efficiency for…
