Lorenzo Simonelli to lead GE Transportation
FAIRFIELD, Conn.---July 17, 2008-- General Electric Chairman and CEO Jeff Immelt announced today the appointment of John Dineen as president and CEO of GE Healthcare, a $17 billion global leader in medical diagnostic technology and biosciences. Immelt also announced that Lorenzo Simonelli will succeed Dineen as president and CEO of GE Transportation.
"The combined $10 billion in orders shows the tremendous demand for our advanced engine technology and services," said Scott Donnelly, president & CEO, GE Aviation. "Our knowledge of this market and relationships in the Middle East have been extremely valuable. This was our most successful show, and it demonstrates how we are winning around the world as the unprecedented demand for global infrastructure products continues to surge."
Largest GE Units of Their Type Ordered This Year
HOUSTON, TEXAS -- May 30, 2007 -- GE Oil & Gas turbo-expander compressor technology has been selected for the gas treatment plant of the Pearl GTL (gas-to-liquid) project in Qatar -- one of the largest GTL projects currently under way in the world.
EVENDALE, Ohio -- January 3, 2007: Air Mauritius has ordered GE's CF6-80E1 engines to power its new fleet of Airbus A330-200 aircraft.
The airline has ordered two firm A330-200 aircraft and has one on option and one additional on purchase right. The catalogue value of the firm engine order is about $60 million (USD).
December 12, 2006 -- EVENDALE, Ohio: Air Seychelles has selected the GEnx engines to power its two Boeing 787-8 Dreamliner aircraft leased from International Lease Finance Corporation (ILFC).
The airline has also agreed to a 10-year OnPointSM Solutions agreement to cover the maintenance and overhaul on the engines. The value of the GEnx service agreement is more than $25 million (USD).
Financial Highlights (Continuing Operations)
FAIRFIELD, Conn.--(BUSINESS WIRE)--GE announced today record third-quarter earnings from continuing operations of $5.1 billion or $.49 per share, up 10% and 14%, respectively, from third-quarter 2005. Revenues from continuing operations were $40.9 billion, up 12% from last year's third quarter.
EVENDALE, OHIO -- September 25, 2006: Qatar Airways has ordered 40 high-thrust GE90 engines to power 20 longer-range Boeing 777s in an engine order valued at more than $750 million (USD).
Qatar Airways ordered 14 777-300ERs, powered by the GE90-115B; and six 777-200LR Worldliners, powered by the GE90-110B. Deliveries are scheduled to begin in 2007.
Fairfield, Conn., March 14, 2002 ---- GE had a successful year of transition in 2001 and continues to build on the business model that has enabled the Company to outpace S&P 500 earnings growth through every cycle of the past 23 years, Chairman and CEO Jeff Immelt writes in his first annual report letter to share owners, customers and employees.
