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-0.00135397861408133 -0.00065963060686015 0.0025170115261768 0.00528572420497146 0.00902652409387573 0.0121163727260103 0.00992917650326348 0.0102069157061519
Stock impact report

Saudia Group Selects GE Aerospace GEnx-1B Engines to Power New 787 Dreamliners

General Electric Company (GE) 
Last general electric company earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Company Research Source: GlobeNewswire
WASHINGTON, Nov. 24, 2025 (GLOBE NEWSWIRE) -- Saudia Group, one of the largest aviation conglomerates in the MENA region, has announced a strategic agreement with GE Aerospace (NYSE: GE) to equip Saudia, the Kingdom of Saudi Arabia’s national flag carrier, with GEnx-1B engines for its 2023 order of 39 Boeing 787-9 and 787-10 aircraft. The agreement includes the supply of engines, a multi-year maintenance, repair, and overhaul (MRO) program, and spare engines. It also encompasses a series of capability-building initiatives—delivered through Saudia Technic, the Group’s maintenance and engineering arm—designed to expand and localize the Kingdom’s aerospace expertise through technical training and knowledge transfer. His Excellency Engr. Ibrahim Al-Omar, Director General of Saudia Group, said, “This strategic partnership with GE Aerospace not only transforms the Group’s long-haul capability and expands our air connectivity, but also accelerates the localization of high-technology aviat Show less Read more
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