FARNBOROUGH, England--(BUSINESS WIRE)--July 17, 2006--Indonesian carrier Lion Air today announced that it has firmed option orders for 30 additional CFM56-7B-powered Boeing 737-900ER aircraft. The engine order is valued at $360 million at list price. The airline, which placed an initial order for 30 aircraft in July 2005, will begin taking delivery of the new 737s in the first half of 2007.
FARNBOROUGH, England--(BUSINESS WIRE)--July 17, 2006--Shannon Engine Support (SES) today announced an order for 40 CFM56-7B spare engines. The order is valued at $240 million at list price and the engines are scheduled for delivery between late 2006 and 2010.
CFM56-7B engines are produced by CFM International, a 50/50 joint company between Snecma and General Electric Company. SES is a wholly owned subsidiary of CFM International.
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FARNBOROUGH, England--(BUSINESS WIRE)--July 13, 2006--GE-Aviation expects revenues to grow in 2006 to a record $12.8 billion.
The 2006 growth follows a strong 2005 financial performance, when revenues grew to $11.9 billion, up from $11.1 billion in 2004.
Meanwhile, GE-Aviation continues its aggressive technology development program, investing more than $1 billion annually in research and development for new engines, as well as upgrades for current production engines.
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EVENDALE, Ohio--(BUSINESS WIRE)--April 17, 2006--Broens Aerospace was awarded a Purchase Order (PO) by GE to design and build three tooling mandrels required to manufacture the engine bypass duct during the System Development and Demonstration Phase (SDD) of the F136 engine program. The PO has the potential for follow-on POs in the production phase of the F136 program.
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Henry Hubschman, President and CEO -- Aviation Services, will provide an update on the business during the SG Cowen & Co. Aerospace/Defense Conference.
Location: New York, NY
Henry Hubschman, President and CEO -- Aviation Services, will provide an update on the business during the SG Cowen & Co. Aerospace/Defense Conference.
Investor Contact Information
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December 22, 2005 -- EVENDALE, OH - 2005 has been a record-breaking year of sales for GE's newest large commercial engines, the GE90 and GEnx, with more than 750 engines ordered.
The GE90 engine family has sold more than 240 engines in 2005, including a record 225 of the higher thrust GE90-115B engines. Boeing selected the GE90-115B engines as the exclusive power for the fast-selling 777-300ER, 777-200LR and the 777 freighter. The value of the GE90 engines sold this year exceeds $4.5 billion.
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December 20, 2005 -- EVENDALE, Ohio - The Advanced Upgrade kit being installed in Southwest Airlines' fleet of CFM56-3 engines is having a positive impact on the environment by significantly reducing fuel burn and carbon dioxide emissions.
CFM56-3 engines power the Boeing 737 "Classic" series of aircraft and were produced from 1984 to 1997 by CFM International (CFM), a 50/50 joint company between Snecma and General Electric Company.
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December 19, 2005 -- LYNN, Mass. - The United States Army has awarded General Electric Company a contract valued at $178 million for 2006 to continue overhaul support of T700 engines at the Corpus Christi Army Depot (CCAD) and convert engines to the T700-GE-701D configuration in support of the Army's current fleet transformation.
Potential value of the contract to GE over the next five years, based on estimated workload at CCAD, is $1.5 billion.
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December 14, 2005 -- EVENDALE, Ohio - Korean Air has selected the GEnx engine to power its order for 10 firm, 10 option Boeing 787 Dreamliner aircraft.
The value of the firm engine order is more than $240 million (USD). Engine deliveries begin in 2009.
"By any measure, Korean Air is a key global player in commercial aviation," said Scott Donnelly, President of GE - Aviation. "It is a both a world-leading passenger and cargo carrier, and GE is thrilled Korean Air has selected the GEnx, one of the fastest-selling jet engines in aviation."
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December 9, 2005 -- EVENDALE, Ohio - TAM Brazilian Airlines has signed a 15-year OnPoint
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Rick Kennedy
GE Aviation
[email protected]
+1 513 243 3372
+1 513 607 0609