Korean Air Commit to Purchase GE-powered Boeing 777s and 747-8s

Korean Air has committed to purchasing five GEnx-2B-powered Boeing 747-8 Intercontinental aircraft and six GE90-115B-powered Boeing 777-300ERs. When the engine order is finalized, the list price of the engines will be valued at more than $800 million (USD).

“This order further expands Korean Air’s GEnx-powered Boeing 747-8 and GE90-115B-powered Boeing 777-300ER fleet,” said Kevin McAllister, vice president and general manager of Global Sales & Marketing at GE Aviation. “Both the GEnx and GE90 engines are performing extremely well in the field with outstanding reliability, fuel consumption and low cost of ownership.”

The GEnx engine family is the fastest-selling engine in GE Aviation history with more than 1,300 engines on order. Compared to GE's CF6 engine, the GEnx engine offers up to 15 percent better fuel consumption, which translates to 15 percent less CO2. The GEnx's innovative twin-annular pre-swirl (TAPS) combustor dramatically reduces NOx gases as much as 55 percent below today's regulatory limits and other regulated gases as much as 90 percent. Based on the ratio of decibels to pounds of thrust, the GEnx is the quietest engine GE produces due to the large, more efficient fan blades that operate at slower tip speed, resulting in about 40 percent lower noise levels.

Source: GE Aviation
Date: Jun 19, 2013