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LCAL Purchases GEnx Engines for Boeing 787 Aircraft

April 30, 2008

EVENDALE, OHIO -- LCAL has agreed to purchase GEnx engines to power up to 13 of its Boeing 787 aircraft. The engines are valued at more than $350 million list price.



The Dubai-based aircraft leasing company was established in 2005 with its business based exclusively with the Boeing 787 Dreamliner. Royal Jordanian will lease three of LCAL's GEnx-powered 787 aircraft to be the first airline in the Middle East to operate the aircraft when they are delivered.



"LCAL is delighted to be able to offer its Boeing B787 customers the GEnx engine," said Steve Clarke President of LCAL. "This aircraft / engine combination produces tremendous fuel savings in comparison with current aircraft and fully demonstrates LCAL's commitment to only being involved with technology that is driving down the carbon footprint of air transport."



"We are very pleased to finalize this order with LCAL," said Jack Lutze, regional sales manager for GE Aviation. "This order helps GE increase its presence in the region and will allow more customers to operate GEnx-powered Boeing 787 aircraft."



With more than 1,100 engines sold to date, the GEnx is the fastest-selling engine in GE's history. Based on the architecture of the GE90, the GEnx will succeed GE's CF6 engine. Compared to the CF6, the GEnx will offer 15 percent improved fuel efficiency and is designed to stay on wing 30 percent longer, while using 30 percent fewer parts, greatly reducing maintenance. The GEnx emissions will be as much as 95 percent below current regulatory limits, and the engine will be the quietest one that GE has produced based on a pound of thrust per decibel ratio. As the world's only jet engine with both a front fan case and fan blades made of composites, the GEnx will also have greater durability, less weight as well as lower operating costs than comparable engines in its class.



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.



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.



GE Aviation, an operating unit of General Electric Company (NYSE: GE), is a world-leading provider of commercial and military jet engines and components as well as integrated digital, electric power, and mechanical systems for aircraft. GE Aviation also has a global service network to support these offerings.