Etihad Airways announced the purchase of 127 GE Aviation engines to power its 56 new Boeing aircraft. The order includes installed and spare engines, and future service support.

The announcement was made by James Hogan, Etihad Airways’ President and Chief Executive, and David Joyce, GE Aviation’s President and Chief Executive Officer, at the Dubai Air Show, in tandem with the airline’s Boeing order.

The deal is for 57 GE9X engines which will power Etihad Airways’ 25 new Boeing 777X aircraft, 68 GEnx-1B engines for the airline’s 30 new Boeing 787-10 aircraft, and two GE90-115B engines which will be used on its new Boeing 777-200F freighter.  The aircraft are scheduled for delivery from 2018.

Mr Hogan said: “This order demonstrates Etihad Airways’ commitment to operating one of the most technically advanced and fuel efficient fleets in the industry, now and in the future.

“Our business succeeds by establishing long term strategic partnerships to ensure we can offer our customers the best.  This deal allows us to do that.”

In addition to the main engine deal, Etihad Airways has signed a 15-year OnPoint solution agreement with GE, valued at US$ 8 billion, to cover all the engines in the order.  OnPoint solutions are customised service agreements tailored to the operational and financial needs of each customer for any size fleet. These agreements are designed to help lower airlines’ cost of ownership and maximise the use of assets.