This morning, GE Capital Aviation Services (GECAS) announced plans to purchase 10 of The Boeing Company’s largest dreamliners and lease them to its commercial airline customers.
The 787-10X Dreamliner, which is still in development, is expected to drop airline operating costs through its fuel efficiency and expanded passenger capacity. The aircraft can hold more than 330 passengers.
GE makes engines for the 787 Dreamliner family and the purchase commitment is seen as a strong statement about the capabilities of the new airplane, which the company won’t receive until at 2019, at the earliest.
“We have studied the capabilities Boeing is developing for the 787-10X and anticipate strong demand from our airline customers for this airplane,” Norman C.T. Liu, GECAS CEO, said in a press release. “The 787-10X will be a perfect complement to our broad portfolio of modern, fuel-efficient aircraft offering the lowest operating costs in the market.”
