This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

GP7200 Engines Recognized For Fuel Consumption Benefit

Stocks in this article: GEUTX

EAST HARTFORD, Conn., April 10, 2012 /PRNewswire/ -- Airbus recently revised its performance handbook to indicate that GP7200-powered A380 aircraft have been demonstrating fuel consumption levels better than previously stated.  This latest revision – the third positive adjustment since 2007 -- reflects an additional 0.5% improvement to the previous version of the performance handbook and further increases the GP7200-powered aircraft's competitive advantage.  Aircraft purchasers frequently refer to these assessments as a predictor of aircraft and engine performance.

"GP7200 engines are saving our customers more than $1 million per aircraft per year – and more than 3,000 metric tonnes of CO2 per year – based on demonstrated performance," said Mary Ellen Jones, President of the Engine Alliance.  "This latest validation of GP7200 fuel efficiency, combined with excellent performance retention and reliability, shows that the Engine Alliance is now delivering an even bigger advantage to our customers."

The GP7200 engine entered service in 2008, and 32 GP7200-powered A380s are now in service.  Current operators include Emirates with 21 aircraft, Air France with six and Korean Air with five.  Other GP7200 customers include Air Austral, Etihad Airways and Qatar Airways.  To date, Engine Alliance GP7200 engines have been selected to power 56% of all A380s.

The Engine Alliance is a 50/50 joint venture of General Electric (NYSE: GE) and Pratt & Whitney, a unit of United Technologies Corp. (NYSE: UTX).  The GP7200 is the result of innovations to the combined technologies of its member companies' most successful wide-body engines: the GE90 and the PW4000.  The GP7200 utilizes the lessons learned from more than 35 million flight hours of successful operation with these legacy engines and incorporates new technology to produce the quietest, most fuel efficient engine for the A380.  The GP7200 is certified at 76,500 pounds (340 kN) of thrust and has the capability to produce more than 81,500 pounds (363 kN).  Its emissions and noise levels are well below current and anticipated future regulations.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,637.86 +23.05 0.14%
S&P 500 1,943.78 +2.50 0.13%
NASDAQ 4,422.6990 +3.2210 0.07%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs