Boeing, GE Aerospace Get Qatar Airways Order
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The White House May 14 first announced the deal between Cincinnati-based GE Aerospace (NYSE: GE), the world’s largest aircraft engine manufacturer, and Qatar Airways, the seventh-largest airline in the world as of 2024 and among the fastest growing, according to Airways Magazine.
The test campaign of HPT blades and nozzles demonstrated improved durability and fuel efficiency compared to conventional turbine technology.
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GE Aerospace CEO talks Qatar Airways deal: 'Largest widebody engine order in our company's history'GE Aerospace Chairman and CEO Larry Culp discusses the massive deal with Qatar Airways, their relationship with Boeing, how the company will navigate tariffs and more on 'Mornings with Maria.'
NASHVILLE—The U.S. Army’s plan to end the Improved Turbine Engine Program (ITEP) may not be final, as budget deliberations may extend development of the GE Aerospace T901.
Qatar Airways committed to acquiring as many as 210 widebody jets in a deal projected to be worth $96 billion, supporting over 150,000 jobs.
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Aviation company GE Aerospace says it is now assembling the first GE9X engines that will go into the upcoming Boeing 777X.
This was the stock's fifth consecutive day of gains.
GE Aerospace has emerged from the former GE conglomerate as a formidable and focused turbine engine producer, powering about three of every four commercial airline flights. The jet engine business is split between designing and supplying new engines—including significant ongoing research and development to ensure that successive generations of engines outperform their predecessors—and servicing existing engines with replacement and refurbished parts throughout their very long service lives.