GE Aerospace and Qatar Airways Strengthen Partnership with Agreement for 400+ GE9X and GEnx engines
Rhea-AI Summary
GE Aerospace (GE) and Qatar Airways have signed a historic agreement for over 400 engines, marking GE's largest widebody engine deal ever. The order includes 60 GE9X and 260 GEnx engines, plus options and spares, to power Qatar Airways' Boeing 777-9 and Boeing 787 aircraft fleet. This builds on previous orders of 188 GE9X and 124 GEnx engines.
The deal includes maintenance, repair, and overhaul service agreements. The GE9X engine, exclusive to Boeing 777X aircraft, offers 10% better fuel efficiency than its predecessor, while the GEnx engine family has accumulated over 62 million flight hours and powers two-thirds of all 787 aircraft. Both engines are certified to run on Sustainable Aviation Fuel (SAF) blends.
Positive
- Largest widebody engine deal in GE Aerospace's history, demonstrating strong market position
- Significant expansion of existing orders: additional 60 GE9X and 260 GEnx engines
- Includes comprehensive service agreements for maintenance, repair, and overhaul
- GE9X offers 10% better fuel efficiency compared to predecessor
- Strong market presence with GEnx powering two-thirds of all 787 aircraft
Negative
- None.
News Market Reaction – GE
In the trading session that priced this news, GE gained 2.75%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
The largest widebody engine deal in GE Aerospace history, supporting Qatar Airways' rapid expansion and driving economic growth in the Middle East
The new agreements solidify GE Aerospace's commitment to
Qatar Airways Group Chief Executive Officer Engr. Badr Mohammed Al-Meer said: "Our latest agreement with GE Aerospace reflects our confidence in the performance of the GE9X and GEnx engines to power our fleet of Boeing 777-9 and 787 aircraft. These next-generation engines are critical components in our strategy to ensure our fleet remains modern and efficient. Qatar Airways has ambitious plans for the future, and we value our continued partnership with GE Aerospace and their commitment to supporting our operational needs."
GE Aerospace Chairman and CEO H. Lawrence Culp, Jr. said, "We are extremely honored to deepen our relationship with Qatar Airways and grateful to them for placing their trust in us with our largest ever widebody engine deal. Our widebody engines – the GE9X and GEnx – are marvels of modern engineering, with the durability and reliability to power flight across the longest distances. We appreciate President Trump's support for this historic agreement."
The GE9X engine is the world's most powerful commercial aircraft engine and the most fuel-efficient engine in its class. Available only on the Boeing 777X family of 777-9 and 777-8 aircraft, the GE9X offers
Since its introduction in 2011, the GEnx engine family has accumulated over 62 million flight hours. It stands as GE Aerospace's fastest-selling, high-thrust engine to date, with more than 3,600 engines currently in service and backlog, including spare units. Today, the GEnx engine powers two-thirds of all 787 aircraft currently in operation.
Like all GE Aerospace commercial engines, both GE9X and GEnx engines are certified to run on Sustainable Aviation Fuel (SAF) blends today.
GE Aerospace's strong partnership with Qatar Airways also extends to providing comprehensive On Wing Support to ensure optimal engine performance and minimize downtime. At the On Wing Support Center in
About GE Aerospace
GE Aerospace is a global aerospace propulsion, services, and systems leader with an installed base of approximately 45,000 commercial and 25,000 military aircraft engines. With a global team of approximately 53,000 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.
About Qatar Airways
A multiple award-winning airline, Qatar Airways won the 'World's Best Airline' for the unprecedented eighth time at the 2024 World Airline Awards, managed by the international air transport rating organization, Skytrax. Qatar Airways has been the World's Best Airline in 2011, 2012, 2015, 2017, 2019, 2021, 2022, and 2024. The airline continues to be synonymous with excellence, also taking home, 'World's Best Business Class', 'World's Best Business Class Airline Lounge', and 'Best Airline in the
Qatar Airways was the first Airline in the
Qatar Airways currently flies to over 170 destinations worldwide, connecting through its
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SOURCE GE Aerospace