2005-06-23 12:45
Korean Air Selects Engine Alliance as A380 Supplier
Korean Air has announced today that it has selected the GP7200 engine supplied by U.S. based Engine Alliance to power its Airbus 380 aircraft.
The deal is for 23 engines and is valued at approximately USD 300 million. The two companies made the announcement at the Paris Air Show on June 13.
“The partnership with Engine Alliance is part of our corporate strategy of Excellent in Flight,” said Yang Ho Cho, Chairman and CEO of Korean Air. “The technology of the GP7200 engine will allow us to improve our operational productivity and reduce overall costs.”
Delivery of the first A380 is scheduled for 2007. Each A380 aircraft requires four engines for operations.
Engine Alliance is a 50/50 joint venture between GE Aircraft Engines and Pratt & Whitney. The company was formed in August 1996 to develop, manufacture, sell and support a family of modern technology engines for new high capacity, long range aircraft.
The GP7200 engine has a takeoff thrust of approximately 70,000 pounds with capability to more than 80,000 pounds, and was developed by combining the strong features of the existing PW4090 and GE90 engines. The GP7200 engine uses 10 percent less fuel than the current engine used to power the B747-400 and also meets current Stage 3 and proposed level 4 noise level standards with margin.
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