Companies

Vistara signs $340-m deal for GE engine

Our Bureau Mumbai | Updated on August 07, 2018 Published on August 07, 2018

Full service airline Vistara has signed a $340 million deal with GE Aviation to purchase GEnx-1B engines for its 787-9 Dreamliner fleet of aircraft.

Vistara, a joint venture between Tata Sons and Singapore Airlines, intends to use the Boeing 787-9 Dreamliners on medium-haul and long-haul international routes. The firm engine order, valued at more than $340 million, is Vistara’s first order for GEnx-powered aircraft, with delivery expected between 2020 and 2021.

GE Aviation has sold more than 2,000 GEnx engines since launching the programme, solidifying it as the fastest selling high-thrust GE engine in history, said the company

“The order from Vistara is yet another demonstration of the trust that airlines around the world have in our products. GE has been a long-term partner in the growth of India’s commercial aviation space. There are over 450 engines in service across India using GE technology and another 200 on order with local Indian carriers. GE engines set the industry standard for fuel efficiency, reliability and outstanding service,” said Jason Tonich, VP Sales - Asia Pacific Region, GE Aviation.

The GEnx’s lean burning twin-annular pre-swirl (TAPS) combustor dramatically reduces NOx and other regulated gases below today’s regulatory limits and enhances durability. As the world’s first commercial engine with both a carbon fibre composite front fan case and fan blades, the GEnx fan module is lighter in weight, corrosion resistant with less line maintenance and improved reliability, and is the quietest engine GE produces, the company said.

Published on August 07, 2018

A letter from the Editor


Dear Readers,

The coronavirus crisis has changed the world completely in the last few months. All of us have been locked into our homes, economic activity has come to a near standstill.

In these difficult times, we, at BusinessLine, are trying our best to ensure the newspaper reaches your hands every day. You can also access BusinessLine in the e-paper format – just as it appears in print. Our website and apps too, are updated every minute.

But all this comes at a heavy cost. As you are aware, the lockdowns have wiped out almost all our entire revenue stream. That we have managed so far is thanks to your support. I thank all our subscribers – print and digital – for your support.

I appeal to all our readers to help us navigate these challenging times and help sustain one of the truly independent and credible voices in the world of Indian journalism. You can help us by subscribing to our digital or e-paper editions. We offer several affordable subscription plans for our website, which includes Portfolio, our investment advisory section.

Our subscriptions start as low as Rs 199/- per month. A yearly package costs just Rs. 999 – a mere Rs 2.75 per day, less than a third the price of a cup of roadside chai..

A little help from you can make a huge difference to the cause of quality journalism!

Support Quality Journalism
This article is closed for comments.
Please Email the Editor