TUI Group selected the GEnx-1B engine to power an additional Boeing 787 Dreamliner aircraft. TUI Travel and GE also expanded a TrueChoiceTM Flight Hour agreement for engine maintenance, repair and overhaul services to include these new GEnx-1B engines. The engine order and TrueChoice Flight Hour agreement are valued at more than $120 million (USD) list price and over the life of the contract.
"With this additional engine order, TUI Group's GEnx-powered 787 Dreamliner fleet will grow to 17 aircraft after deliveries in the next two years," said Tom Chandler, Director of Fleet Management and Fleet Finance, TUI Group. "The GEnx-powered Boeing 787 Dreamliners have helped TUI Group's airlines continue to grow their long-haul business and allow our customers to reach new and exciting leisure destinations."
"TUI Group was the launch customer for the GEnx engine on the Boeing 787 Dreamliner," said Chaker Chahrour, vice president and general manager of Global Sales & Marketing at GE Aviation. "The GEnx engine powers TUI Group's entire fleet of Boeing 787 Dreamliners, and we are honored with the confidence TUI Group has in the engine line and GE Aviation."
More than 1,600 GEnx-1B engines have been sold to 51 customers. Compared to GE's CF6 engine, the GEnx engine offers up to 15 percent better fuel efficiency, which translates to 15 percent less CO2. The GEnx's innovative twin-annular pre-swirl (TAPS) combustor dramatically reduces NOx gases as much as 55 percent below today's regulatory limits and other regulated gases as much as 90 percent. Based on the ratio of decibels to pounds of thrust, the GEnx is the quietest engine GE produces due to the large, more efficient fan blades that operate at slower tip speed, resulting in about 40 percent lower noise levels.
The GEnx is part of GE's "ecomagination" product portfolio - GE's business strategy to develop new, cost-effective technologies that enhance customers' environmental and operating performance.
GEnx's revenue-sharing participants are IHI Corporation of Japan, Volvo Aero of Sweden, MTU of Germany, TechSpace Aero (Safran) of Belgium, Safran Aircraft Engines of France and Samsung Techwin of Korea.
The TrueChoice suite of engine maintenance offerings for commercial aviation industry emphasizes the breadth and depth of capabilities and customization across the entire engine lifecycle. The TrueChoice suite includes:
- TrueChoice Flight Hour provides customized offerings that help optimize cost of ownership over the entire engine lifecycle with flexible risk transfer and payment options.
- TrueChoice Overhaul provides time and material overhauls with tailored workscopes specific to shop visit objectives, economic priorities and ownership horizon - whether for one engine or an entire fleet.
- TrueChoice Material provides high-quality new and used OEM parts, advanced repairs and technology upgrades for airlines and MROs that enhance engine performance over the lifecycle and support higher engine residual value.
- TrueChoice Transitions provides a broad range of options for changing ownership horizons, including green time leases, exchanges and material buy-back, plus custom workscopes with shorter builds and maximum used material. For lessors, GE offers products specifically designed to accommodate a change in owner or operator.
Each of the TrueChoice offerings is underpinned by GE Aviation's emerging capability and experience with using data and analytics to offer new insights to reduce maintenance burden and service disruptions for our customers.
TUI Group is the world's number one tourism business. The broad portfolio gathered under the Group umbrella consists of strong tour operators, 1,800 travel agencies and leading online portals, six airlines with more than 130 aircraft, over 300 hotels with 210,000 beds, 13 cruise liners and countless incoming agencies in all major holiday destinations around the globe. This integrated offering provides TUI's 30 million customers with an unmatched holiday experience in 180 regions. For more information, visit www.tuigroup.com.
GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components, integrated digital, avionics, electrical power and mechanical systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings and is part of the world's Digital Industrial Company with software-defined machines and solutions that are connected, responsive and predictive. For more information, visit us at www.ge.com/aviation.
