Etihad Airways and the Engine Alliance Finalize Agreements
Etihad Airways and the Engine Alliance have signed agreements for the purchase of the GP7200 engines to power its fleet of 10 Airbus A380 aircraft and for a long-term Fleet Management Agreement for the maintenance, repair and overhaul of the engines. The agreements are worth up to $1.5 billion (USD).
Under this program, Engine Alliance will help Etihad keep its GP7200 engines in optimum condition to enable them to operate reliably at the lowest cost possible.
The GP7200 engine is the leading engine for the Airbus A380 aircraft with 19 GP7200-powered A380s in service and 109 more on order. Emirates and Air France currently operate GP7200-powered A380 aircraft. Other GP7200 customers include Korean Air, which will begin operating the A380 in June, Air Austral and International Lease Finance Corporation (ILFC).
The Engine Alliance is a 50/50 joint venture of General Electric and Pratt & Whitney, a unit of United Technologies Corp.