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GE Statement on Lufthansa GE9X-powered Boeing 777X Announcement

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19-Sep-2013 GE Aviation is excited with Lufthansa's decision today to select GE9X-powered Boeing 777-9X aircraft. The engines for the 34 aircraft announced by Lufthansa are valued at more than $2.5 billion USD list price. This is the first selection for the new GE9X, which is part of the highly successful GE90 engine family.

"Lufthansa is known for its technical expertise, and this decision shows the confidence that the airline has in the GE9X engine and 777X aircraft combination," said David Joyce, president and chief executive officer of GE Aviation. "GE Aviation is working closely with Boeing on the 777X, and we look forward to designing one of the best wide body aircraft offerings for our customers."

The GE9X engine for Boeing's 777X aircraft will be in the 100,000 pounds thrust class with a 10 percent improvement in fuel burn over today's GE90-115B. Key features include: a 132" fan diameter; composite fan case and fourth-generation composite fan blades; next-generation 27:1 pressure ratio high-pressure compressor; a third-generation TAPS (twin annular pre-swirl) combustor for greater efficiency and low emissions; and ceramic matrix composite (CMC) material in the combustor and turbine.

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet, turboprop and turboshaft engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings.