China Airlines' selection of General Electric engines for its 13 new Boeing 747-400 aircraft is good news for Volvo Aero which supplies components for the engine. The order value to the Swedish manufacturer is expected to be $25 million.
The total order for CF60-80C2 GE engines is 52.
It is GE's first order from China Airlines, a Taiwanese carrier.
Volvo Aero is confident there will be more.
"The order for China Airlines fits in well into our assessment that the Asian market is beginning to recover," says Fred Bodin, president Volvo Aero.
On the back of the order, Volvo Aero (E422) is in buoyant mood at Dubai 2000. It is profiling its repair and overhaul and component manufacturing capabilities as well as the work of the AGES Group, a wholly-owned subsidiary, which specialises in trading, leasing, redistribution and asset management and provides worldwide aircraft support services.
Source: Flight Daily News
