JULY 15TH, 2014

Intrepid Aviation Orders GE90-115B-powered Boeing 777-300ERs

FARNBOROUGH AIR SHOW – July 15, 2014 – Intrepid Aviation ordered up to ten Boeing 777-300ER aircraft, powered with GE90-115B engines. The engine order for six firm GE90-powered Boeing 777-300ERs is valued at more than $400 million (USD) list price.

Franklin Pray, Intrepid Aviation’s CEO commented that “Adding further GE90-powered Boeing 777-300ER aircraft to our portfolio enables us to offer our customers an incredibly efficient aircraft with unique payload range capabilities. This is an exciting addition to our orderbook.”

“The GE90-115B engine has outperformed our expectations with a dispatch reliability rate of 99.98% and fuel burn that is 3.6 percent better than 2000 launch specifications,” said Chaker Chahrour, vice president and general manager of GE Aviation’s Global Sales & Marketing organization. “The GE90 and Boeing 777 engine aircraft combination will provide outstanding performance and reliability for Intrepid Aviation’s customers around the globe.”