GE Aerospace Announces AerCap Selects GEnx Engines to Power 15 Additional Boeing 787 Dreamliners
Rhea-AI Summary
GE Aerospace (NYSE: GE) announced that AerCap has selected the GEnx-1B engine to power an additional 15 Boeing 787 Dreamliners, adding to AerCap’s portfolio of about 200 GEnx engines owned and on order. According to GE Aerospace, the GEnx currently delivers 99.98% dispatch reliability and remains on-wing at a rate three times higher than competing engines, and has surpassed 50 million flight hours in just over 14 years. GE Aerospace is investing more than €110 million in its European sites and $1 billion across U.S. manufacturing and supply chain in 2026, including over $100 million to enhance supplier capabilities for programs such as the GEnx, aimed at increasing capacity and modernizing facilities.
Positive
- AerCap selects GEnx-1B for 15 additional 787s, expanding installed base
- AerCap portfolio includes approximately 200 GEnx engines owned and on order
- GEnx engine dispatch reliability at 99.98%
- GEnx stays on wing 3x longer than competing engines, according to GE Aerospace
- GEnx-1B surpasses 50 million flight hours in just over 14 years
- GE Aerospace investing €110 million in Europe and $1 billion in U.S. manufacturing in 2026
- More than $100 million earmarked to strengthen supplier capabilities for GEnx program
Negative
- None.
News Market Reaction – GE
In the Jul 21 session, GE declined 0.18%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Jul 20 | Engine order | Positive | -2.2% | IndiGo MoU covered 1,000+ LEAP-1A engines for 510 Airbus A320neo aircraft. |
| Jul 20 | Technology milestone | Positive | -2.2% | Hybrid-electric flight above 30,000 feet completed with NASA, BETA Technologies, and Boeing. |
| Jul 20 | Aircraft unveiling | Positive | -2.2% | BETA unveiled MV250 autonomous hybrid-electric VTOL aircraft for military logistics. |
| Jul 19 | Engine milestone | Positive | -2.2% | GEnx-1B surpassed 50 million flight hours with 99.98% dispatch reliability. |
| Jun 25 | Dividend declaration | Positive | +1.5% | Board authorized $0.47 quarterly dividend; shares gained 1.5% over 24 hours. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Four recent positive aerospace-related announcements were followed by a -2.16% 24-hour reaction, while the dividend announcement was followed by 1.5%, indicating repeated divergence on operating news.
Key Terms
dispatch reliability technical
time on wing technical
high-pressure turbine technical
combustor coating technology technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
FARNBOROUGH, England, July 21, 2026 (GLOBE NEWSWIRE) -- GE Aerospace (NYSE: GE) today announced that AerCap Holdings N.V. ("AerCap") has selected the GEnx-1B engine to power an additional 15 Boeing 787 Dreamliners.
AerCap, headquartered in Dublin, Ireland, is the world’s largest owner of Boeing 787 aircraft and has a portfolio of approximately 200 GEnx engines owned and on order.
“We take great pride in AerCap’s continued confidence in the GEnx engine,” said Mohamed Ali, President & CEO, GE Aerospace Commercial Engines & Service. “With proven reliability and time on wing, the GEnx is delivering value for customers every day, and we look forward to supporting AerCap with the performance and service necessary for long-term success.”
“Our customers need aircraft and engine platforms that deliver reliable performance, compelling economics, and long-term value,” said Aengus Kelly, Chief Executive Officer, AerCap. “The GEnx engine has a proven track record in service, and we are pleased to select it for these Boeing 787 aircraft as we continue to invest in assets that support our customers’ evolving fleet requirements.”
Today, the GEnx boasts a
The long-haul flights the GEnx engine powers traverse some of Earth’s harshest environments. Over the last decade, GE Aerospace has upgraded the GEnx engine’s high-pressure turbine blades and combustor coating technology, more than doubling time on wing in harsh environments.
The GEnx-1B engine has surpassed the 50 million flight hour mark in just over 14 years, the fastest rate ever for a GE Aerospace commercial widebody engine.
GE Aerospace is also investing more than
About AerCap
AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is headquartered in Dublin with offices in Shannon, Memphis, Singapore, Miami, London, Dubai, Shanghai, Amsterdam and other locations around the world.
About GE Aerospace
GE Aerospace is a global aerospace propulsion, services, and systems leader with an installed base of approximately 50,000 commercial and 30,000 military aircraft engines. With a global team of approximately 57,000 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.
Media Contact
Paul Bergman
513.656.8280
paul.bergman@geaerospace.com
Attachment
Paul Bergman GE Aerospace +1 513.656.8280 paul.bergman@geaerospace.com