GE signs new engine orders with LEVEL, Volga-Dnepr Group and Nordic Aviation Capital

Volga-Dnepr Group and CargoLogicHolding have signed a Letter of Intent with GE Aviation for 29 GE90-115B-powered Boeing 777 Freighters and five GEnx-2B-powered Boeing 747-8 Freighters. The engine order is valued at more than US$2.5 billion list price.

LEVEL, International Airlines Group’s (IAG) low-cost long-haul airline, has placed an order for CF6-80E engines with GE Aviation to power its two new Airbus A330 aircraft and signed a 10-year TrueChoice Flight Hour agreement for the maintenance, repair and overhaul of the engines. The engine order and TrueChoice agreement are valued at more than $170 million (USD) list price and over the life of the service agreement.

Nordic Aviation Capital (NAC), a global leader in regional aircraft leasing, and GE Aviation have signed a memorandum of understanding for a ten-year TrueChoiceTM Flight Hour agreement for its CF34-10E engines fleet. Under the agreement, NAC will offer GE Aviation-provided maintenance, repair and overhaul services to its CF34-10E lessees.

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