American Airlines Orders 180 CF34 Engines to Power New Embraer 175 Fleet
Rhea-AI Summary
GE Aerospace has secured an order from American Airlines for 180 CF34-8E engines plus spares to power 90 new Embraer 175 regional jets. This deal reinforces the long-standing partnership between the two companies and highlights GE's success in providing industry-leading products and services. The CF34 engine line has a strong presence in the market, with over 7,500 engines in service across more than 900 operators globally.
The CF34-8E model has accumulated over 40 million flight hours and 29 million cycles since its introduction in 2004. The entire CF34 engine line boasts an impressive dispatch reliability rate of 99.97%. Additionally, all CF34 engines can operate on approved SAF fuel blends, aligning with sustainability efforts in the aviation industry.
Positive
- American Airlines ordered 180 CF34-8E engines plus spares from GE Aerospace
- CF34 engine line has over 7,500 engines in service with 900+ operators globally
- CF34-8E model has accumulated over 40 million flight hours since 2004
- CF34 engine line boasts a 99.97% dispatch reliability rate
- All CF34 engines can operate on approved SAF fuel blends
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, GE gained 5.68%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
FARNBOROUGH,
"The CF34 engine has a long track record of success with American Airlines and we're grateful the American team is putting its trust in us again," said Russell Stokes, President and CEO, Commercial Engines and Services, GE Aerospace. "This order, along with the CFM deals announced this spring with American, highlight our continued success at providing our customers industry-leading products and services."
More than 7,500 CF34 engines are in service with more than 900 Regional and Business Jet operators globally. The CF34-8E has accumulated more than 40 million flight hours and 29 million cycles since entering service on the Embraer E170/175 in 2004. Today, the CF34 engine line, which includes -3, -8, and -10 models, powers more than 2,500 regional commercial aircraft.
"The reliability and performance of the CF34 engine has been critical to our success for many years," said American's CFO Devon May. "We look forward to continuing our strong partnership with GE Aerospace as we invest in modernizing and strengthening our domestic and regional fleet."
GE Aerospace has delivered nearly 11,000 CF34 engines and the line has a track record for outstanding reliability and durability, with a dispatch reliability rate of
About GE Aerospace
GE Aerospace (NYSE:GE) is a global aerospace propulsion, services, and systems leader with an installed base of approximately 44,000 commercial and 26,000 military aircraft engines. With a global team of 52,000 employees building on more than a century of innovation and learning, GE Aerospace is committed to inventing the future of flight, lifting people up, and bringing them home safely. Learn more about how GE Aerospace and its partners are defining flight for today, tomorrow and the future at www.geaerospace.com.
View original content to download multimedia:https://www.prnewswire.com/news-releases/american-airlines-orders-180-cf34-engines-to-power-new-embraer-175-fleet-302204003.html
SOURCE GE Aerospace
FAQ
How many CF34-8E engines did American Airlines order from GE Aerospace (GE)?
What is the dispatch reliability rate of the CF34 engine line?
How many flight hours has the CF34-8E engine accumulated since entering service?
Can GE's CF34 engines operate on sustainable aviation fuel (SAF)?
