UAL Orders 300 GEnx Engines From GE Aerospace to Power Boeing 787s

United Airlines UAL strengthened its long-term partnership with GE Aerospace GE by selecting 300 GEnx engines to power its new Boeing 787 Dreamliners. This order will expand UAL’s 787 fleet to more than 200 GEnx-powered aircraft and make it the largest GEnx operator globally. The deal enhances GE Aerospace’s revenue visibility, as it will generate both engine sales and high-margin aftermarket services over the decades.GE Aerospace designed the GEnx engine with advanced materials and technologies to deliver high durability, efficiency and reliability. The engine has achieved a 99.98% dispatch reliability rate and accumulated more than 70 million flight hours, proving its strong operational performance. With this order, GE Aerospace increased its firm GEnx backlog to nearly 1,800 engines plus spares, strengthening its production pipeline and long-term cash flow outlook.UAL reinforced its reliance on GE Aerospace by expanding its use of GEnx engines across its growing Dreamliner fleet. The airline already operates several GE and CFM engine models, and greater fleet commonality will improve maintenance efficiency, reduce operational complexity and lower lifecycle costs. This strategy will help United Airlines optimize its performance and support its international expansion plans.This agreement reflects strong global demand for fuel-efficient widebody aircraft and next-generation propulsion systems. GE Aerospace will expand its installed base, increase recurring service revenues and strengthen its competitive position in the widebody engine market, supporting long-term growth and margin expansion.Share Price PerformanceShares of UAL have gained 18.2% over the past three months, outperforming the 17% return of the Zacks Airline industry. Image Source: Zacks Investment Research UAL’s Zacks RankUnited Airlines currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Better-Ranked Airline Stocks to ConsiderInvestors interested in the industry may consider Allegiant ALGT and Southwest Airlines LUV.ALGT sports a Zacks Rank #1 at present.Allegiant has an expected earnings growth rate of more than 100% for the current year. The company has an encouraging earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in three of the trailing four quarters, and met the mark once, delivering an average beat of 23.6%.Southwest Airlines currently flaunts a Zacks Rank #1.LUV has an expected earnings growth rate of more than 100% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in three of the trailing four quarters, and missed the mark once, delivering an average beat of 253.9%.5 Stocks Set to DoubleEach was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They includeStock #1: A Disruptive Force with Notable Growth and ResilienceStock #2: Bullish Signs Signaling to Buy the DipStock #3: One of the Most Compelling Investments in the MarketStock #4: Leader In a Red-Hot Industry Poised for GrowthStock #5: Modern Omni-Channel Platform Coiled to SpringMost of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.See Our Newest 5 Stocks Set to Double Picks >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report GE Aerospace (GE): Free Stock Analysis Report United Airlines Holdings Inc (UAL): Free Stock Analysis Report Southwest Airlines Co. (LUV): Free Stock Analysis Report Allegiant Travel Company (ALGT): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks