June 14, 2005 -- LE BOURGET - AirAsia today signed an OnPoint
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Rick Kennedy
GE Aviation
[email protected]
+1 513 243 3372
+1 513 607 0609
June 13, 2005 -- Paris, France - AirAsia, the leading low fare no frills airline in Southeast Asia, has finally unveiled its engine choice for its 100-aircraft Airbus A320 order (60 firm, 40 purchase rights). The airline has selected CFM International's CFM56-5B engine to power the A320s scheduled to begin joining the AirAsia fleet as early as December 2005. The purchase agreement for the firm engine order, which covers a total of 120 engines plus 9 spares, is valued at approximately USD $750 million at list price.
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June 13, 2005 -- LE BOURGET - General Electric Company's F110, F404 and F414 engine families have successfully powered fighter aircraft since the 1980s. And yet, these engines have a bright, long-term future through the infusion of new technologies, integration of commercial engine designs, and expansion of aircraft applications worldwide.
F110 engine family
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June 13, 2005 -- LE BOURGET - Less than a year after the GE Rolls-Royce Fighter Engine Team tested its F136 engine for the F-35 Joint Strike Fighter (JSF), the team has achieved several milestones - including completion of all pre-System Development & Demonstration (SDD) testing ahead of schedule and under budget. Successful completion of pre-SDD testing clears the way for the award of a SDD contract, which is expected in August.
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June 13, 2005 -- LE BOURGET - Development tests continue on the Engine Alliance's GP7200 engine, which will power the Airbus A380 aircraft.
"We are very pleased with the performance of the engine," said Bruce Hughes, president of the Engine Alliance. "To date, eight development engines have accumulated more than 4,000 cycles and 1,750 hours of operations. We remain on schedule for engine certification with the Federal Aviation Administration (FAA) in October."
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June 08, 2005 -- EVENDALE, Ohio - General Electric Company's Aircraft Engines business expects revenues in 2005 to reach a record $13 billion.
The record revenues are being driven by stronger commercial engine deliveries, higher utilization of GE- and CFM-powered commercial aircraft in airline service, and higher utilization of GE military engines worldwide.
This year's growth follows a strong 2004 financial year for the Aircraft Engines business, when revenues grew to $12.55 billion, up from $10.97 billion in 2003.