DealsJul 21, 2026, 11:55 AM
GE Aerospace Secures AerCap Order for 15 GEnx-1B Engines
AI Summary
GE Aerospace announced that AerCap Holdings N.V. has selected the GEnx-1B engine to power an additional 15 Boeing 787 Dreamliners, expanding AerCap's existing portfolio of approximately 200 GEnx engines. This deal highlights the GEnx engine's proven reliability and performance, with a 99.98% dispatch reliability rate and over 50 million flight hours. GE Aerospace is also making significant investments, including over €110 million (~$127 million USD) in European facilities and $1 billion in U.S. manufacturing and supply chain, with over $100 million specifically for GEnx engine supplier capabilities, to meet high demand.
Key Highlights
- AerCap selected GE Aerospace's GEnx-1B engine to power an additional 15 Boeing 787 Dreamliners.
- AerCap, the world's largest owner of Boeing 787 aircraft, has a portfolio of approximately 200 GEnx engines owned and on order.
- The GEnx engine boasts a 99.98% dispatch reliability rate.
- The GEnx-1B engine has surpassed 50 million flight hours in just over 14 years.
- GE Aerospace is investing over €110 million (approximately $127 million USD) across its European manufacturing facilities in 2026.
- GE Aerospace is investing $1 billion across its U.S. manufacturing sites and supply chain.
- More than $100 million of the investment is dedicated to enhancing supplier capabilities for programs like the GEnx engine.
Price Impact
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