Ontario Teachers' Pension Plan Forms a Strategic Partnership with GE Aviation
CINCINNATI, OH—April 21, 2014—The Ontario Teachers’ Pension Plan (Teachers’) and GE Aviation announced a strategic partnership to support the development of advanced technologies for the GE9X engine. The GE9X engine will power Boeing’s new wide-body 777X aircraft, and will provide a 10% improvement in fuel consumption over the existing GE90-115B engine. The 777X aircraft is scheduled to enter service in 2020. “The GE9X combined with the 777X aircraft is expected to provide...