GE tries to break Rolls-Royce grip on engines for Airbus jet

LONDON : General Electric Co. is in talks with Airbus SE to offer engines for the A330 jet, people familiar with the matter said, aiming to break Rolls-Royce Holdings Plc’s grip as the sole engine provider for the wide-body plane.

The GEnx turbine could offer airline customers fuel savings and lower costs, according to the people, who asked not to be named discussing private deliberations. The discussions are preliminary and no final decision has been made, the people said. The GEnx engine platform is an option on Boeing Co.’s 787 Dreamliner wide-body and is set to be the exclusive power plant for the 777X in development.

Read more

You may also like

Comments are closed.