JENBACH, Austria--(BUSINESS WIRE)--May 3, 2004--GE Jenbacher, a division of GE Energy, has received a multi-million dollar contract to provide 22 complete gas engine cogeneration systems for a Ukrainian coal mine gas-to-energy project. Each system will include the cooling system, silencer, control system and heat recovery unit.
Upon completion, the project will be the largest of its kind in the world in terms of total power output.
FAIRFIELD, Conn.--(BUSINESS WIRE)--May 3, 2004--GE will Webcast the presentation by Chairman and CEO Jeff Immelt at the Electrical Products Group Conference on Wednesday, May 5 starting at 10:45 a.m. EDT. Immelt's presentation will be available at www.ge.com/investor.
May 03, 2004 -- EVENDALE, Ohio -- General Electric Company's CF6-80C2 engine, one of aviation's most successful wide-body aircraft engines, has surpassed 100 million flight hours since entering service in 1985.
And it has no signs of slowing down. Based on the engine fleet's current flying rate of 866,000 flight hours per month, the engine will reach another 100 million flight hours in less than 10 years.
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NORWALK, Conn.--(BUSINESS WIRE)--May 3, 2004--GE Commercial Finance's Global Media & Communications unit arranged a $70 million senior debt facility to fund the acquisition of newspaper assets for the formation of a new company, Heartland Publications LLC, by Wachovia Capital Partners and the Wicks Group of Companies. GE Commercial Finance will hold $30 million of the facility, which closed on April 30.
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GE Transportation's Rail division provides a broad portfolio of rail technology solutions and products to help customers around the world optimise the efficiency of their locomotives, improve productivity of their rail operations and decrease operational costs.
Based in Erie, Pennsylvania, GE Transportation's Rail division is very active throughout the African continent, where GE has been present for more than 100 years, having established its first foreign office in what is now South Africa as far back as 1898.
April 29, 2004 -- ST. LOUIS, MISSOURI -- General Electric Co. (GE) forecasts the number of small commercial jets in service will more than triple in the next 20 years, increasing from 2,000 aircraft in 2004 to 6,800 aircraft in 2023.
GE expects its CF34 engine order book to reach 400 this year. Engine deliveries will top 400 this year, marking the third consecutive year of more than 400 engines delivered to customers.
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April 28, 2004 -- EVENDALE, Ohio -- KLM Royal Dutch Airlines has selected the General Electric CF6-80E1 engine to power its six Airbus A330-200 aircraft on order. Delivery of these new aircraft will begin in the summer of 2005.
Additionally, KLM's Engineering and Maintenance division will become a CF6-80E1 Overhaul Center of Excellence, expanding its CF6 maintenance and overhaul capability for KLM's own fleet and for other customers.
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NORWALK, Conn.--(BUSINESS WIRE)--April 26, 2004--GE Commercial Finance's Global Media & Communications unit has provided a $25 million senior debt facility to Randall Publishing Co., Tuscaloosa, Alabama. GE Commercial Finance is the sole provider of the facility, which Randall will use for growth capital and to refinance existing debt.
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April 22, 2004 -- LYNN, MASSACHUSETTS -- The U.S. Federal Aviation Administration (FAA) has granted Type Certification to new models of GE's CT7-8 turboshaft engine. The newly certified engines, more powerful and more durable than earlier models, are intended to power variants of the Sikorsky S-92, AgustaWestland EH101 and US101, and NH Industries NH90 helicopters, as well as improved versions of the Sikorsky UH-60 Black Hawk helicopter for U.S. Army Special Operations forces.
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