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Yahoo
6 days ago
- Automotive
- Yahoo
Long-Term Prosperity: Investing in America's Economic Pillars
Developing and exporting energy is a key aim of the Trump administration. The U.S. dominates the market for commercial aerospace. Tesla is restoring America's position as an automotive leader. 10 stocks we like better than Cheniere Energy › If you believe in the U.S.'s long-term future, investing in sectors where the country has leadership, particularly the companies that lead the way, makes sense. In that vein, here's why Cheniere Energy (NYSE: LNG), GE Aerospace (NYSE: GE), and Tesla (NASDAQ: TSLA) are companies with a significant role in America's future. From being a distant third behind Qatar and Australia in 2019, the U.S. has become the clear leader in liquefied natural gas (LNG) exports. According to the U.S. Energy Information Administration (EIA), the U.S. exported 11.9 billion cubic feet per day (Bcf/d) of LNG in 2024, while Qatar and Australia have exported no more than 10.7 Bcf/d annually during the past five years. That's in no small part due to Cheniere Energy, which exported 2,33 trillion British thermal units (TBtu) in 2024 -- a figure that equates to 6.37 Bcf/d. It has a 100% interest in the Corpus Christi LNG Terminal which has a current production capacity of 15 million tonnes per annum (mtpa), and a majority stake in Sabine Pass LNG Terminal, which has a current production capacity of 30 mtpa. The total 45 mtpa equals a nominal capacity of 5.92 Bcf/d, with Cheniere outperforming its nominal capacity in 2024. With the current administration strongly supportive of LNG (as opposed to the Biden administration, which froze new permits for LNG exports), Chief Executive Officer Jack Fusco believes "we have an opportunity and a strategic imperative to secure permits for significant growth at both Sabine and Corpus in order to derisk the permitting requirements of future project development with line of sight to a total capacity of over 90 million tonnes per annum." With expansion activity already set for 2025 (Corpus Christi) and a favorable administration in the White House, Cheniere's future looks bright. While recognizing that Boeing has had its issues in recent years, and Airbus is a formidable competitor, there's little doubt that GE Aerospace is the clear market leader in commercial aerospace and defense engines. For example, its joint venture with France's Safran, CFM International, produces the LEAP engine -- the sole engine option on the Boeing 737 MAX, and one of only two options for the Airbus A320neo family. Incidentally, another American company, RTX, produces another option for the Airbus A320neo family. Moreover, GE's own GE9X is the only engine option on the new Boeing 777X, and its GEnx dominates orders on the Boeing 787. For example, the recent International Airlines Group order of 32 Boeing 787s for British Airways will be powered by the GEnx rather than a rival engine by the U.K.'s Rolls-Royce. Moreover, management believes its next generation of engines, RISE, will achieve a 20% improvement in fuel efficiency over the LEAP. Given that engines can have a 40-year life cycle and generate lucrative aftermarket revenue over that period, the combination of LEAP (entered service in 2016) and RISE (expected mid-2030s) could lead to a half-century of GE leadership in commercial aerospace engines. Not only is Tesla's Model Y the best-selling electric vehicle (EV), but it is also the best-selling car in the world. Moreover, with all its production lines shifted to producing the refreshed version in 2025, and the legacy Model Y sold out in the U.S. and China, Tesla is ready to start improving Model Y sales again. In addition, Tesla has several positive catalysts in store, not least the launch of its robotaxi in Austin, Texas, in June (unsupervised autonomy on a Model Y); the mass production of its dedicated robotaxi vehicle, Cybercab, in 2026; and lower-cost models in 2025. Given Tesla's checkered history of delivering on its aims on time and the disappointing sales of Cybertruck, it's fair to doubt the timing of these events. However, there is no doubt about Tesla's ability to lower its cost of goods per vehicle. It fell below $35,000 at the end of 2024, compared to $84,000 in 2017, and more than $38,000 at the start of 2023. This is a key point because it enables Tesla to generate higher profit margins, release lower-cost models, and stay ahead of the competition. It also helps ensure Tesla can get robotaxis (where the company's real value lies) on the road (whether modified existing Teslas or dedicated Cybercabs), which will be highly competitive with Waymo's offering. CEO Elon Musk may well be a divisive figure, but the reality is that he's driven Tesla to a leadership position in the key sports utility vehicle (SUV) market with the Y (and to a lesser extent, in the sedan market with the Model 3) in the U.S. when otherwise, American cars were also-rans in the categories before. If America leads the way in EVs and robotaxis, it's highly likely that Tesla will be out in front. Before you buy stock in Cheniere Energy, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Cheniere Energy wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $639,271!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $804,688!* Now, it's worth noting Stock Advisor's total average return is 957% — a market-crushing outperformance compared to 167% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Cheniere Energy and Tesla. The Motley Fool recommends GE Aerospace, RTX, and Rolls-Royce Plc. The Motley Fool has a disclosure policy. Long-Term Prosperity: Investing in America's Economic Pillars was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Travel Daily News
20-05-2025
- Business
- Travel Daily News
Ethiopian Airlines signs agreements with GE Aerospace
Ethiopian Airlines selects GE Aerospace's GEnx and GE9X engines for 19 aircraft, boosting fleet modernization, efficiency, and sustainability in global aviation operations. ADDIS ABABA – Ethiopian Airlines Group and GE Aerospace have signed an agreement confirming Ethiopian's choice of the GEnx Engine to power 11 new Boeing 787s. This deal increases Ethiopian Airlines' GEnx-powered fleet from 19 to 30 aircraft, further solidifying the airline's position as a leader in modern aviation technology. Ethiopian also signed an agreement with GE Aerospace reaffirming its previous order for GE9X engines to power eight 777-9 aircraft. The agreement includes options for six additional aircraft powered by GE9X engines. The two deals also include a service agreement to cover the maintenance, repair, and overhaul of the GEnx and GE9X engines underscoring Ethiopian Airlines' commitment to operational excellence and GE Aerospace's dedication to supporting the airline's growth and success. 'Our partnership with GE Aerospace has been instrumental in enabling us to deliver world-class service to our passengers as Africa's leading airline,' said Ethiopian Airlines Group CEO Mesfin Tasew. 'These agreements for GE9X and GEnx engines reflect our commitment to fleet modernization, operational efficiency, and sustainability as we continue to connect Africa to the world.' GE Aerospace President and CEO, Commercial Engines and Services, Russell Stokes said: 'We are honored to deepen our collaboration with Ethiopian Airlines, a valued partner for many years and proud to support their mission to connect the world while advancing the future of sustainable aviation.' These agreements mark another milestone in the decades-long partnership between Ethiopian Airlines and GE Aerospace that began in 2003. Ethiopian Airlines' investment in GE Aerospace's advanced engine technology reflects its commitment to delivering world-class service to passengers while prioritizing sustainability and operational efficiency. The GE9X engine is the world's most powerful commercial aircraft engine and the most fuel-efficient engine in its class. Available only on the Boeing 777X family of 777-9 and 777-8 aircraft, the GE9X offers 10% better specific fuel consumption than its predecessor, the GE90-115B, with emissions that are a generation ahead in technology. Since its introduction in 2011, the GEnx engine family has accumulated over 62 million flight hours. It stands as GE Aerospace's fastest-selling, high-thrust engine to date, with more than 3,600 engines currently in service and backlog, including spare units. Today, the GEnx engine powers two-thirds of all 787 aircraft currently in operation. Like all GE Aerospace commercial engines, both GEnx and GE9X engines are certified to run on Sustainable Aviation Fuel (SAF) blends today.
Yahoo
15-05-2025
- Business
- Yahoo
Qatar Airways makes large GE order that will affect Terre Haute plant
TERRE HAUTE, Ind. (WTWO/WAWV)— Qatar Airways has made a deal with GE Aerospace to purchase over 400 engines, ones that will need parts from the Terre Haute site. The engines ordered are set to be used to power Qatar Airways' new Boeing 787 and 777X. This is the largest widebody engine order in GE Aerospace's history. The widebody engines will require combustor components from the Terre Haute site. GE Aerospace generates 55% of its revenue from engine sales and services to its international customers. 'Our latest agreement with GE Aerospace reflects our confidence in the performance of the GE9X and GEnx engines to power our fleet of Boeing 777-9 and 787 aircraft,' Qatar Airways Group Chief Executive Officer Engr. Badr Mohammed Al-Meer said. 'These next-generation engines are critical components in our strategy to ensure our fleet remains modern and efficient. Qatar Airways has ambitious plans for the future, and we value our continued partnership with GE Aerospace and their commitment to supporting our operational needs.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Arabian Business
15-05-2025
- Business
- Arabian Business
GE Aerospace, Qatar Airways strike record engine deal during Trump visit
Qatar Airways and GE Aerospace have entered into a landmark agreement for the supply of more than 400 GE9X and GEnx engines, marking the largest widebody engine purchase in GE Aerospace's history. The signing took place during US President Donald Trump's visit to Doha. The deal includes 60 GE9X and 260 GEnx engines, with additional options and spares to support Qatar Airways' growing fleet of Boeing 777-9 and Boeing 787 aircraft. #Qatar_Airways #QNA #Qatar #Economy May 14, 2025 It builds on a previous order of 188 GE9X engines, bringing the total to 248. The agreement also includes service provisions for maintenance, repair, and overhaul of both engine models. Qatar Airways Group Chief Executive Officer Engr. Badr Mohammed Al-Meer said, 'Our latest agreement with GE Aerospace reflects our confidence in the performance of the GE9X and GEnx engines to power our fleet of Boeing 777-9 and 787 aircraft. These next-generation engines are critical components in our strategy to ensure our fleet remains modern and efficient. Qatar Airways has ambitious plans for the future, and we value our continued partnership with GE Aerospace and their commitment to supporting our operational needs.' GE Aerospace Chairman and CEO H. Lawrence Culp, Jr. said, 'We are extremely honoured to deepen our relationship with Qatar Airways and grateful to them for placing their trust in us with our largest ever widebody engine deal. Our widebody engines – the GE9X and GEnx – are marvels of modern engineering, with the durability and reliability to power flight across the longest distances. We appreciate President Trump's support for this historic agreement.' The GE9X is currently the most powerful commercial aircraft engine in the world and the most fuel-efficient in its class, offering 10 per cent better specific fuel consumption than its predecessor, the GE90-115B. The GEnx engine, introduced in 2011, is GE Aerospace's fastest-selling high-thrust engine, with over 3,600 units in service and backlog. Both engines are certified to operate with Sustainable Aviation Fuel (SAF) blends. The partnership also includes comprehensive On Wing Support through GE Aerospace's local center in Qatar, which trains aviation professionals and supports the development of regional aerospace talent.
Zawya
15-05-2025
- Business
- Zawya
GE Aerospace and Qatar Airways strengthen partnership with agreement for 400+ GE9X and GEnx engines
DOHA - GE Aerospace (NYSE:GE) and Qatar Airways today announced a significant expansion of their long-standing partnership with the signing of multiple deals for new GE9X and GEnx engines during U.S. President Donald J. Trump's visit to Doha. As part of the visit, Qatar Airways has signed an agreement for more than 400 engines, including 60 GE9X and 260 GEnx engines, with additional options and spares, to power its next-generation Boeing 777-9 and Boeing 787 aircraft – the largest widebody engine purchase in the history of GE Aerospace. The new agreements solidify GE Aerospace's commitment to Qatar's thriving aviation industry and build on the previous order for 188 GE9X engines, bringing the total to 248 engines. The addition of GEnx engines for the Boeing 787 fleet supplements their existing 124 engine order, further strengthening the national carrier's commitment to efficiency and performance. The two deals also include service agreements to cover the maintenance, repair, and overhaul of the GEnx and GE9X engines. Qatar Airways Group Chief Executive Officer Engr. Badr Mohammed Al-Meer said: 'Our latest agreement with GE Aerospace reflects our confidence in the performance of the GE9X and GEnx engines to power our fleet of Boeing 777-9 and 787 aircraft. These next-generation engines are critical components in our strategy to ensure our fleet remains modern and efficient. Qatar Airways has ambitious plans for the future, and we value our continued partnership with GE Aerospace and their commitment to supporting our operational needs.' GE Aerospace Chairman and CEO H. Lawrence Culp, Jr. said, 'We are extremely honored to deepen our relationship with Qatar Airways and grateful to them for placing their trust in us with our largest ever widebody engine deal. Our widebody engines – the GE9X and GEnx – are marvels of modern engineering, with the durability and reliability to power flight across the longest distances. We appreciate President Trump's support for this historic agreement.' The GE9X engine is the world's most powerful commercial aircraft engine and the most fuel-efficient engine in its class. Available only on the Boeing 777X family of 777-9 and 777-8 aircraft, the GE9X offers 10% better specific fuel consumption than its predecessor, the GE90-115B, with emissions that are a generation ahead in technology. Since its introduction in 2011, the GEnx engine family has accumulated over 62 million flight hours. It stands as GE Aerospace's fastest-selling, high-thrust engine to date, with more than 3,600 engines currently in service and backlog, including spare units. Today, the GEnx engine powers two-thirds of all 787 aircraft currently in operation. Like all GE Aerospace commercial engines, both GE9X and GEnx engines are certified to run on Sustainable Aviation Fuel (SAF) blends today. GE Aerospace's strong partnership with Qatar Airways also extends to providing comprehensive On Wing Support to ensure optimal engine performance and minimize downtime. At the On Wing Support Center in Qatar, GE Aerospace also trains aviation professionals, developing local talent to build a skilled workforce to support the region's aviation ambitions. About GE Aerospace GE Aerospace is a global aerospace propulsion, services, and systems leader with an installed base of approximately 45,000 commercial and 25,000 military aircraft engines. With a global team of approximately 53,000 employees building on more than a century of innovation and learning, GE Aerospace is committed to inventing the future of flight, lifting people up, and bringing them home safely. Learn more about how GE Aerospace and its partners are defining flight for today, tomorrow, and the future at About Qatar Airways A multiple award-winning airline, Qatar Airways won the 'World's Best Airline' for the unprecedented eighth time at the 2024 World Airline Awards, managed by the international air transport rating organization, Skytrax. Qatar Airways has been the World's Best Airline in 2011, 2012, 2015, 2017, 2019, 2021, 2022, and 2024. The airline continues to be synonymous with excellence, also taking home, 'World's Best Business Class', 'World's Best Business Class Airline Lounge', and 'Best Airline in the Middle East'. As leaders in industry innovation and digital adoption, Qatar Airways was also recently voted the 'World's Best Airline Website' by World Travel Tech Awards. Qatar Airways was the first Airline in the Middle East to be certified to the highest level of IATA's Environmental Assessment (IEnvA) program, based on recognised environmental management system principles (such as ISO 14001). As an inaugural signatory to the Buckingham Palace Declaration in March 2016, Qatar Airways became the first airline globally to be certified to the industry standard for the prevention of illegal wildlife trafficking in aviation. Qatar Airways currently flies to over 170 destinations worldwide, connecting through its Doha hub, Hamad International Airport, the 'World's Best Airport', as voted by Skytrax in 2021, 2022, and 2024. In 2024, Hamad International Airport also received the 'Best Airport in the Middle East' accolade for 10 consecutive years, as well as 'World's Best Airport Shopping' for the second year in a row. For media entries, please contact: Kirsten Kutz – Director, METCIS Communications, GE Aerospace Nivine William | Nisha Celina Burson /
