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Non-Tech : General Electric (GE)
GE 308.95-0.6%Oct 31 9:30 AM EST
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From: E_K_S11/21/2019 8:38:57 AM
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Bonefish

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GE could win big engine deal from Emirates - report
Nov. 20, 2019 6:47 PM ET|About: General Electric Company (GE)|By: Carl Surran, SA News Editor

The Emirates airline is said to be leaning towards using General Electric (NYSE: GE) engines for its Boeing 787 Dreamliner order, as Rolls-Royce ( OTCPK:RYCEF) struggles to implement a fix.

Emirates lowered its widebody order at the Dubai Airshow earlier today and now will take 30 787s and 126 777X jets - a net reduction of 40 planes from the original order - but the airline still must make a separate decision on which engine to use in its Dreamliners, and GE's GEnx engine could be the winner.

Rolls-Royce said earlier this month that it likely would not have the redesigned high-pressure blade for the Trent 1000 engine ready before H1 2021, after previously planning to introduce it in early 2020.

However, Emirates picked Rolls-Royce Trent XWB engines for an order of 50 Airbus A350 widebody jets this week.
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