Emirates Signs USD$16 Bln Engine Deal With GE

Emirates has signed a USD$16 billion service contract with GE's aviation unit for engines powering the airline's 777X fleet.

The contract will includes maintenance, repair and overhaul of the GE9X engines that will power the airline's fleet of 150 Boeing 777X aircraft over a period of 12 years, it said in a statement.

Emirates last year placed a USD$76 billion order for 150 Boeing 777X twin-engine aircraft, powered by GE's new GE9X engine - the only engine available for the 777x wide-body aircraft.

Emirates said it also signed a second services contract with GE Aviation for its existing 777 fleet for a further 12 years, valued at USD$36 million.