ALAFCO Selects GEnx Engine for Boeing 787 Fleet

Released on Tuesday, November 13, 2007

November 13, 2007 -- DUBAI -- ALAFCO Aviation Lease and Finance Company (KSCC) has chosen the GEnx engine to power its additional Boeing 787 Dreamliners.

ALAFCO has order a total of 22 Boeing 787 Dreamliners, all powered by GEnx engines.

"We're very pleased that ALAFCO has selected the GEnx engine for its entire Boeing 787 Dreamliner fleet," said Scott Donnelly, president and CEO of GE Aviation. "ALAFCO has placed its confidence in the technical and commercial values of the engine, and we will work with them to ensure that the GEnx exceeds their expectations."

Based in Kuwait, ALAFCO is a growing aviation lease and finance company with customers in Asia, the Middle East, and Europe.

Based on the highly successful GE90 architecture, the GEnx engine is one of the most fuel-efficient and lowest emissions jet engines ever. The GEnx engine will power both the Boeing 787 Dreamliner and the 747-8 Intercontinental. It will succeed GE's CF6 family, the best-selling engine on wide-body aircraft. More than 1,000 GEnx engines have been sold to 33 customers, making it the fastest-selling large engine in GE Aviation history.

The GEnx completed its flight test program this summer on GE's 747 flying test-bed, which validated the GEnx-1B engine's performance in real world flight conditions. Certification tests for vibration, emission, bird ingestions and fan blade containment were also completed with very positive results.

The GEnx is part of GE's "ecomagination" product portfolio--GE's commitment to develop new, cost-effective technologies that enhance customers' environmental and operating performance. The GEnx's composite and combustion technologies are unique to the commercial aviation industry.

IHI of Japan, TechSpace Aero of Belgium, Avio SpA. of Italy, Volvo Aero of Sweden and Samsung Techwin of Korea are revenue-sharing participants in the GEnx program.