Korean Air Selects GE Aerospace Engines to Power New 787-10s and 777-9s
GE Aerospace has secured a significant engine order from Korean Air following the airline's agreement to purchase 20 Boeing 777-9s and up to 30 787-10s. The deal includes GEnx and GE9X engines, along with a maintenance, repair, and overhaul service agreement for the GE9X engines, making Korean Air the first GE9X customer in South Korea.
The GEnx engine family has logged over 62 million flight hours since 2011 and powers two-thirds of all 787 aircraft in operation, with more than 3,600 engines in service and backlog. The GE9X engine, exclusively available for Boeing 777X aircraft, offers 10% better specific fuel consumption than its GE90-115B predecessor. Both engines are certified to operate on Sustainable Aviation Fuel (SAF) blends.
Korean Air currently operates a fleet with GE90-110B/115B, LEAP-1B, and CFM56-7B engines, and utilizes GE Aerospace's Flight Data Monitoring system, Safety Insight, for enhanced safety protocols and operational effectiveness.
GE Aerospace ha ottenuto un importante ordine di motori da Korean Air a seguito dell'accordo della compagnia aerea per l'acquisto di 20 Boeing 777-9 e fino a 30 787-10. L'accordo include i motori GEnx e GE9X, insieme a un contratto di servizio per la manutenzione, riparazione e revisione dei motori GE9X, rendendo Korean Air il primo cliente dei motori GE9X in Corea del Sud.
La famiglia di motori GEnx ha registrato oltre 62 milioni di ore di volo dal 2011 e alimenta due terzi di tutti gli aerei 787 in servizio, con oltre 3.600 motori operativi e in backlog. Il motore GE9X, disponibile esclusivamente per gli aerei Boeing 777X, offre un consumo specifico di carburante migliore del 10% rispetto al suo predecessore GE90-115B. Entrambi i motori sono certificati per operare con miscele di carburante sostenibile per l'aviazione (SAF).
Korean Air attualmente opera una flotta con motori GE90-110B/115B, LEAP-1B e CFM56-7B, e utilizza il sistema di monitoraggio dei dati di volo di GE Aerospace, Safety Insight, per migliorare i protocolli di sicurezza e l'efficacia operativa.
GE Aerospace ha asegurado un importante pedido de motores de Korean Air tras el acuerdo de la aerol铆nea para comprar 20 Boeing 777-9 y hasta 30 787-10. El acuerdo incluye motores GEnx y GE9X, junto con un contrato de servicio de mantenimiento, reparaci贸n y revisi贸n para los motores GE9X, convirtiendo a Korean Air en el primer cliente de GE9X en Corea del Sur.
La familia de motores GEnx ha acumulado m谩s de 62 millones de horas de vuelo desde 2011 y propulsa dos tercios de todos los aviones 787 en operaci贸n, con m谩s de 3,600 motores en servicio y en lista de espera. El motor GE9X, disponible exclusivamente para aviones Boeing 777X, ofrece un 10% mejor consumo espec铆fico de combustible que su predecesor GE90-115B. Ambos motores est谩n certificados para operar con mezclas de Combustible Sostenible para la Aviaci贸n (SAF).
Korean Air actualmente opera una flota con motores GE90-110B/115B, LEAP-1B y CFM56-7B, y utiliza el sistema de Monitoreo de Datos de Vuelo de GE Aerospace, Safety Insight, para mejorar los protocolos de seguridad y la efectividad operativa.
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GE Aerospace a obtenu une commande importante de moteurs de Korean Air suite 脿 l'accord de la compagnie a茅rienne d'acheter 20 Boeing 777-9 et jusqu'脿 30 787-10. L'accord comprend des moteurs GEnx et GE9X, ainsi qu'un contrat de service de maintenance, de r茅paration et de r茅vision pour les moteurs GE9X, faisant de Korean Air le premier client de GE9X en Cor茅e du Sud.
La famille de moteurs GEnx a enregistr茅 plus de 62 millions d'heures de vol depuis 2011 et propulse les deux tiers de tous les avions 787 en service, avec plus de 3 600 moteurs en service et en attente. Le moteur GE9X, disponible exclusivement pour les avions Boeing 777X, offre une consommation sp茅cifique de carburant 10 % meilleure que celle de son pr茅d茅cesseur GE90-115B. Les deux moteurs sont certifi茅s pour fonctionner avec des m茅langes de carburant d'aviation durable (SAF).
Korean Air exploite actuellement une flotte 茅quip茅e de moteurs GE90-110B/115B, LEAP-1B et CFM56-7B, et utilise le syst猫me de surveillance des donn茅es de vol de GE Aerospace, Safety Insight, pour am茅liorer les protocoles de s茅curit茅 et l'efficacit茅 op茅rationnelle.
GE Aerospace hat einen bedeutenden Motorenauftrag von Korean Air gesichert, nachdem die Fluggesellschaft zugestimmt hat, 20 Boeing 777-9 und bis zu 30 787-10 zu kaufen. Der Deal umfasst GEnx- und GE9X-Motoren sowie einen Wartungs-, Reparatur- und 脺berholungsvertrag f眉r die GE9X-Motoren, wodurch Korean Air der erste GE9X-Kunde in S眉dkorea wird.
Die GEnx-Motorenfamilie hat seit 2011 眉ber 62 Millionen Flugstunden gesammelt und treibt zwei Drittel aller im Einsatz befindlichen 787-Flugzeuge an, mit mehr als 3.600 Motoren im Einsatz und in der Warteschlange. Der GE9X-Motor, der exklusiv f眉r Boeing 777X-Flugzeuge erh盲ltlich ist, bietet einen um 10% besseren spezifischen Kraftstoffverbrauch als sein Vorg盲nger GE90-115B. Beide Motoren sind zertifiziert, um mit nachhaltigen Flugkraftstoff (SAF)-Mischungen zu arbeiten.
Korean Air betreibt derzeit eine Flotte mit GE90-110B/115B, LEAP-1B und CFM56-7B-Motoren und nutzt das Flight Data Monitoring-System von GE Aerospace, Safety Insight, um die Sicherheitsprotokolle und die betriebliche Effizienz zu verbessern.
- Secured major engine order for Korean Air's 20 Boeing 777-9s and up to 30 787-10s
- Includes maintenance, repair, and overhaul service agreement for GE9X engines
- First GE9X customer secured in South Korean market
- Strong market position with GEnx powering 66% of all 787 aircraft in operation
- Large installed base of 3,600+ GEnx engines in service and backlog
- None.
Insights
Korean Air's selection of GE Aerospace to power its new 20 Boeing 777-9s and up to 30 787-10s represents a significant win in the competitive widebody engine market. This deal secures GE's position on Korean Air's fleet renewal program with two flagship engine products - the GEnx for the 787-10s and the GE9X for the 777-9s.
The inclusion of a comprehensive service agreement for the GE9X engines is particularly valuable. These maintenance, repair, and overhaul contracts typically generate substantial recurring revenue throughout the 20+ year operational lifecycle of the engines, often exceeding the initial purchase value.
Korean Air becoming the first GE9X customer in South Korea represents strategic market expansion in a key Asian aviation hub. The GE9X's
This order further cements GE's dominance in the widebody segment, where the GEnx already powers two-thirds of all 787 aircraft currently operating worldwide. With over 62 million flight hours accumulated since 2011 and a backlog exceeding 3,600 engines, the GEnx has proven both its reliability and market acceptance.
Korean Air's existing operation of GE90, LEAP-1B, and CFM56 engines indicates strong satisfaction with GE's technology and support infrastructure, demonstrating GE Aerospace's ability to maintain and expand key customer relationships in the competitive commercial aviation market.
This Korean Air engine order represents meaningful incremental business for GE Aerospace in both near and long-term revenue streams. While specific financial terms weren't disclosed, the scale is substantial - engines for 20 Boeing 777-9s and up to 30 787-10s, plus an aftermarket service agreement.
Commercial widebody engines typically command premium pricing, with the GE9X generally valued at
From a competitive standpoint, securing Korean Air as the first GE9X customer in South Korea represents displacement of potential competing engine options. This validates GE's investment in developing the GE9X platform, which required billions in R&D expenditure but is now demonstrating market acceptance.
The order aligns with GE Aerospace's business model of capturing initial engine placements that lead to decades of high-margin aftermarket revenue. The inclusion of the service agreement indicates Korean Air's long-term commitment to the GE ecosystem, helping secure future cash flows.
With the GEnx already established as GE's fastest-selling high-thrust engine with over 3,600 engines in service and backlog, this additional order reinforces GE Aerospace's market share momentum in the commercial widebody segment. For investors, this deal enhances visibility into GE Aerospace's revenue pipeline with a premium international airline customer.
"We're grateful for the Korean Air team putting its trust in us again," said Russell Stokes, President and CEO, Commercial Engines and Services, GE Aerospace. "Today's order represents the next chapter in our long-standing partnership with Korean Air and reaffirms our commitment to support their successful fleet upgrade and expansion."
The order also includes a service agreement to cover the maintenance, repair, and overhaul of the GE9X engines. With this order, Korean Air becomes the first GE9X customer in
"GE Aerospace provides the advanced technology that powers our commitment to excellence," said Walter Cho, Chairman and CEO of Korean Air and Hanjin Group. "Our partnership is essential to Korean Air's vision of becoming the world's most loved airline."
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. 聽Today, the GEnx engine powers two-thirds of all 787 aircraft currently in operation.
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
Like all GE Aerospace commercial engines, both GEnx and GE9X engines聽are certified to run on Sustainable Aviation Fuel (SAF) blends today.
Today, Korean Air operates an extensive fleet of GE Aerospace and CFM powered aircraft that includes GE90-110B/115B, LEAP-1B and CFM56-7B engines. In addition to the engine technology, Korean Air is using GE Aerospace's industry-leading Flight Data Monitoring system,聽Safety Insight, to enhance its safety protocols and operational effectiveness through advanced analytics, automation, and high-speed processing of big data.聽
**CFM is a 50/50 joint venture between GE Aerospace and Safran Aircraft Engines
About Korean Air
With its global hub at Incheon International Airport (ICN), Korean Air serves 110 cities in 39 countries on five continents with a modern fleet of 159 aircraft and over 20,000 professional employees. The airline has been granted numerous awards including a 5-star airline rating from Skytrax, Air Transport World's Airline of the Year and Cargo Operator of the Year awards.
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聽.
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