Xiamen Airlines Selects GEnx Engine to Power Its Boeing 787 Dreamliners

ZHUHAI, CHINA | November 1, 2016

Xiamen Airlines signed an agreement with GE Aviation today at the Airshow China 2016 to select GEnx-1B engine to power its additional six Boeing 787-9 Dreamliner aircraft. Xiamen Airlines also expanded a TrueChoiceTM Material agreement for the new GEnx-1B fleet for the new and used material and advance repairs needed for engine maintenance, repair and overhaul services. The engine order and TrueChoice Material agreement are valued at more than $630 million (USD) at list price and over the life of the contract. Delivery of these aircraft will begin by year-end.

“We’ve been operating GEnx-1B engines since we first introduced the Boeing 787 Dreamliners into our fleet. The engines are operating very well with high efficiency, and GE Aviation has provided us with very good support and service for the product,” said Cai Chengbao, vice president of Xiamen Airlines. “The long-term material service from GE will help ensure the engines are maintained to OEM standards for the best performance and reliability to serve our customers.”

“We are so grateful Xiamen Airlines selected the GEnx engine for its expanded 787 Dreamliner fleet. This agreement fully demonstrates the airline’s trust in our products and services,” said Chaker Chahrour, vice president and general manager of Global Sales and Marketing at GE Aviation. “Now our job is to ensure the GEnx engine will continue bringing profitability to the airline, and our material service agreement will keep the GEnx engines with highest quality for maintenance and overhaul so that they will perform in their top operational condition.”

More than 1,600 GEnx-1B engines have been sold to 51 customers. Compared to GE’s CF6 engine, the GEnx engine offers up to 15 percent better fuel efficiency, 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.

The GEnx is part of GE’s “ecomagination” product portfolio – GE’s business strategy to develop new, cost-effective technologies that enhance customers’ environmental and operating performance.

GEnx’s revenue-sharing participants are IHI Corporation of Japan, Volvo Aero of Sweden, MTU of Germany, TechSpace Aero (Safran) of Belgium, Safran Aircraft Engines of France and Samsung Techwin of Korea.

The TrueChoice suite of engine maintenance offerings for commercial aviation industry emphasizes the breadth and depth of capabilities and customization across the entire engine lifecycle. The TrueChoice suite includes:

*TrueChoice Flight Hour provides customized offerings that help optimize cost of ownership over the entire engine lifecycle with flexible risk transfer and payment options.

*TrueChoice Overhaul provides time and material overhauls with tailored workscopes specific to shop visit objectives, economic priorities and ownership horizon – whether for one engine or an entire fleet.

*TrueChoice Material provides high-quality new and used OEM parts, advanced repairs and technology upgrades for airlines and MROs that enhance engine performance over the lifecycle and support higher engine residual value.

*TrueChoice Transitions provides a broad range of options for changing ownership horizons, including green time leases, exchanges and material buy-back, plus custom workscopes with shorter builds and maximum used material. For lessors, GE offers products specifically designed to accommodate a change in owner or operator.

Each of the TrueChoice offerings is underpinned by GE Aviation’s emerging capability and experience with using data and analytics to offer new insights to reduce maintenance burden and service disruptions for our customers.

Xiamen Airlines is the only Chinese airline that operates an all-Boeing fleet to more than 220 domestic routes and almost 30 international and regional routes. The airline has become the only Chinese civil airline that has maintained profitability for 29 consecutive years. For more information, visit www.xiamenair.com/cn/en/.

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components, integrated digital, avionics, electrical power and mechanical systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings and is part of the world’s Digital Industrial Company with software-defined machines and solutions that are connected, responsive and predictive. For more information, visit us at www.ge.com/aviation. Follow GE Aviation on Twitter at http://twitter.com/GEAviation and YouTube at http://www.youtube.com/user/GEAviation.

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