Philippine Airlines selects GE Aerospace engines for 15 new Boeing 787s
Get Alerts GE Hot Sheet
Join SI Premium – FREE
Philippine Airlines (PAL) has selected GEnx-1B engines from GE Aerospace (NYSE: GE) to power 15 new Boeing 787-10 Dreamliner aircraft, with purchase rights for five additional planes, according to a company statement.
PAL, the Philippines' flag carrier, has been a GE Aerospace customer for over 50 years and currently operates 52 GE Aerospace and CFM-powered engines across its fleet, including GE90 engines on its Boeing 777-300ER aircraft and CFM56-5B engines on its Airbus A320s.
Mohamed Ali, President and CEO of GE Aerospace Commercial Engines and Services, said: "Philippine Airlines' selection of the GEnx engine for its new Boeing 787-10 fleet builds on our long-standing relationship and reflects the strength of our technology, services and support."
Lucio C. Tan III, President and Chief Operating Officer of PAL Holdings, Inc., said: "As we continue to invest in our fleet and expand our international network, GE Aerospace remains an important partner of Philippine Airlines."
GE Aerospace states that the GEnx engine has a 99.98% dispatch reliability rate and that over the past decade, upgrades to the engine's high-pressure turbine blades and combustor coating technology have more than doubled its time on wing in harsh environments. The GEnx-1B has surpassed 50 million flight hours in just over 14 years.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- GE Aerospace and Magellan sign F414 engine MRO deal for Canada
- Netflix raises $1 billion in senior notes due 2036
- Northrop Grumman wins $1.2B Navy contract for E-2D aircraft
Create E-mail Alert Related Categories
Corporate News, Hot Corp. NewsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share