General Electric Subsidiary Signs New $600 Million Deal With AirAsia X
05/22/2011
The 20-year agreement calls for AirAsia to purchase three new Airbus jets for delivery in 2012, with the option of two additional aircraft. AirAsia X is a low-cost airline of Malaysian carrier AirAsia Bhd. Last year it flew 1.92 million passengers to 14 worldwide destinations, including Tokyo, Delhi, London, Tehran and Melbourne.
Kevin McAllister, GE Aviation's general manager of global sales, said the engine will help AirAsia X maintain "one of the youngest and fuel efficient fleets in the sky."
GE Aviation is based in the north Cincinnati suburb city of Evendale, Ohio, located south of Dayton. It manufactures jet engines, components and integrated systems for commercial and military aircraft. GE Aviation has about 300 employees working in nearby Vandalia, and is building a $51 million research center at the University of Dayton according to a story in the Dayton Business Journal.
The company is major player in the well-established and thriving defense community in the Greater Dayton region, which includes SRA International Inc., MacAulay-Brown Inc., Computer Sciences Corp., General Dynamics Corp., Goodrich Corp. Aircraft Wheels and Brakes Division, Boeing Co., and Science Applications International Corp.
Project Announcements
Daisy Brand Plans Boone, Iowa, Production Operations
04/22/2024
Canfor Expands Fulton, Alabama, Production Operations
04/22/2024
Tucker Door & Trim Plans Henrico County, Virginia, Operations
04/19/2024
Zekelman Industries Expands Blytheville, Arkansas, Operations
04/19/2024
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024