Air Travel
The WOW Factor: Record-Breaking Jets Are Helping Airlines Enter An Era Of Ultra-Efficient Flight
Reykjavik in January isn’t the cheeriest place. Darkness reigns for most of the day — the sun rises at 11 in the morning and sets just five hours later. The temperature hovers around freezing, and rain is frequently in the forecast. Earlier this year, 200-some souls waited at Reykjavik’s Keflavik airport to swap the dank twilight for California sunshine. But the plane that had been scheduled for their flight was out of service, and officials were weighing their options.
Aerospace
Workers Wanted: Wing Walkers And All, The World’s Largest Airshow Is The Perfect Place To Look For Jet Engine Factory Prospects
FIA18
GE Aviation And Its Partners Win $22 Billion In New Deals At Farnborough Airshow
It’s been a week splashed with sunshine at the Farnborough International Airshow — an unusual sight for England in July — but GE Aviation still made it rain. The GE unit that makes aircraft engines, plane components, avionics and other aerospace technology said it and its partner, CFM International, have won orders valued at more than $22 billion at list price.
Paris Air Show
Engines With 3D-Printed Parts Lift GE, Partners Over $31 Billion In Paris Air Show Orders
GE and its partners have received more than $31 billion in new business at the show, which opened Monday. The bulk of those orders are for a new family of LEAP jet engines with 3D-printed fuel nozzles. The LEAP engine was developed by CFM International, a 50-50 joint venture between GE and France’s Safran Aircraft Engines.
Paris Air Show
GE, CFM Expect $15 Billion In New Business In Paris; New LEAP Engines Are Giving A Lift To The Aviation Industry
GE Helps Vietnam Power Up With $2 Billion In Agreements
As recently as the 1990s, it wasn’t unusual to walk into a home in Vietnam and find people living without electricity. Children did homework by the light of oil lamps and candles, and parents cooked over open fires or on small gas stoves.
vietnam
GE, Partners Sign $5.5 Billion In Agreements With Vietnam
Aerospace
Wheels Up: Boeing’s Next-Gen Passenger Jet Enters Service
Aerospace
GE Invests $4.3 Billion To Build Next-Gen Jet Engines, Open New Factories In The US
Earnings
Q2 Results: GE Gets A Lift From Strong Performance By Aviation, Power Units
The company also announced that it has returned $18 billion to shareowners for the year to date, including $13.7 billion through a share buyback and $3.7 billion through dividends. In the quarter, GE’s backlog of orders grew to a record $320 billion, up 17 percent since the 2Q’15.