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Qantas Chooses CFM Engines To Power 78 A320neo Aircraft

SYDNEY -(Dow Jones)- Qantas Airways Ltd. (QAN.AU) said Friday that it has chosen engines made by CFM International, a joint venture between General Electric Co. (GE) and Safran SA (SAF.FR), to power its fleet of A320neo aircraft. Qantas has ordered 78 of Airbus's upgraded and more fuel-efficient version of the A320. Australia's flag carrier said CFM's LEAP-1A engines were chosen for the new aircraft because of their "performance, fuel efficiency and maintenance program". Low-cost offshoot Jetstar is due to receive the airline's first A320neo in 2016. CFM said in a statement that the order is worth $2 billion at list price. -By Ross Kelly, Dow Jones Newswires; 61-2-8272-4692; Ross.Kelly@dowjones.com

Stock News for Gen Electric (GE)
DateTimeHeadline
07/28/201616:46:53Statement of Changes in Beneficial Ownership (4)
07/28/201616:45:39Statement of Changes in Beneficial Ownership (4)
07/28/201616:45:09Statement of Changes in Beneficial Ownership (4)
07/28/201616:44:16Statement of Changes in Beneficial Ownership (4)
07/28/201606:58:00GE Sells 14.4% Stake in Penske Truck Leasing to Penske Automotive...
07/28/201602:34:00GE to Sell Shares in GE Capital Interbanca to Banca IFIS
07/28/201601:31:00GE to Sell Its Shares in GE Capital Interbanca S.p.A to Banca...
07/27/201610:00:00State Street Fee Revenue Drops on Weaker Market Conditions
07/26/201616:30:34Statement of Changes in Beneficial Ownership (4)
07/26/201616:30:07Statement of Changes in Beneficial Ownership (4)
07/26/201616:29:40Statement of Changes in Beneficial Ownership (4)
07/26/201610:51:00GE Does Away With Employee Ratings
07/23/201603:03:00GE, Honeywell Endure Oil Slump's Pain -- WSJ
07/22/201614:50:00General Electric, Honeywell Post Lower Revenue --4th Update
07/22/201610:31:00GE Posts Weaker Industrial Results, Predicts Second-Half Rebound--3rd...
07/22/201610:14:00GE Posts Weak Industrial Results, Predicts Second-Half Rebound--2nd...
07/22/201609:44:00U.S. Hot Stocks: Hot Stocks to Watch
07/22/201608:25:00GE Reports 15% Rise in Revenue--Update
07/22/201607:40:00GE Reports 15% Rise in Revenue
07/22/201607:33:01Current Report Filing (8-k)

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