Japan Airlines Signs Deal For GEnx-1B Engines To Power New 787s
Portfolio Pulse from Benzinga Newsdesk
Japan Airlines has signed a deal with GE Aerospace for GEnx-1B engines to power its new fleet of 787-9 Dreamliner aircraft, following an agreement with Boeing for up to 20 new planes.
July 22, 2024 | 3:54 pm
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POSITIVE IMPACT
Japan Airlines' order for new 787-9 Dreamliner aircraft and GEnx-1B engines from GE Aerospace could positively impact the iShares MSCI Japan ETF (EWJ), which includes major Japanese companies.
The deal involving Japan Airlines, a major Japanese company, could have a positive impact on the iShares MSCI Japan ETF (EWJ), which tracks the performance of large and mid-sized Japanese companies.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
GE Aerospace has secured an order from Japan Airlines for GEnx-1B engines to power its new 787-9 Dreamliner aircraft. This deal follows Japan Airlines' agreement with Boeing for up to 20 new planes.
The order from Japan Airlines for GEnx-1B engines is a significant win for GE Aerospace, likely boosting its revenue and market position in the aerospace sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100