Engine Alliance awarded $1.5 billion contract

Emirates, the Dubai-based international airline, has selected the GE-P&W Engine Alliance GP7200 engine to power the airline’s follow-on order for 23 Airbus A380 aircraft.

The contract award calls for the GE-PW Engine Alliance to supply 92 installed and nine spare GP7200 engines to power a fleet of 21 A380s purchased by Emirates, as well as two A380 aircraft leased from International Lease Finance Corporation (ILFC). The delivery of these A380 aircraft, which will be configured for 550 passengers, begins in 2009.

The value of the engine contract to the Engine Alliance for the GP7200 engines purchased by Emirates for this follow-on A380 aircraft order exceeds $1.5 billion. This latest contract follows Emirates’ 2002 announcement to purchase GP7200 engines for 22 A380 aircraft. Delivery of those aircraft begins in September 2006.

Emirates is the largest customer for the Airbus A380, as well as for the Engine Alliance’s GP7200 engine. In combining the 45 A380 aircraft being acquired by the airline, Emirates will have a total of 199 GP7200 engines valued at more than $3 billion. Emirates will also be the first airline to put the engine into service.

Created in 1996, the Engine Alliance is an equal joint venture between GE Aircraft Engines and Pratt & Whitney to develop, manufacture, sell, and support a family of engines for long-range aircraft such as the A380.