FARNBOROUGH, England --- 13 July 2014 --- American Airlines has selected CFM International's advanced LEAP-1A engine to power its new fleet of 100 Airbus A320neo family aircraft. CFM values the engine order at $2.6 billion U.S. at list price. The aircraft order was originally announced in July 2011 and American will begin taking delivery in 2017.
FARNBOROUGH, England --- 13 July 2014 --- CFM International's LEAP engine certification program is proceeding on schedule and the company is on track to have 20 total engines on test by year end.
Rick Kennedy
GE Aviation
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+1 513 243 3372
+1 513 607 0609
The Australian Graduate School of Management (AGSM) at UNSW Australia together with GE Capital have received funding to undertake significant research on innovation and leadership with to assist Australia's burgeoning mid-market sector.
The three-year research project, made possible thanks to a $340,000 Australian Research Council (ARC) grant, will investigate the Australian mid-market sector to enhance theoretical and practical understanding regarding drivers of innovation, performance, and growth for mid-market firms.
Calgary, Alberta (July 8, 2014) -- GE (NYSE:GE) and Suncor Energy (NYSE, TSX: SU) announced today the signing of two agreements which provide the opportunity for an investment of up to approximately $18 million. These agreements, involving other members from Canada's Oil Sands Innovation Alliance (COSIA), are expected to enable the development of new technologies to reduce greenhouse gas emissions and water usage in the oil sands.
Calgary, Canada, July 8, 2014 -- GE (NYSE: GE) today, announced the launch of a $1 million ecomagination open innovation challenge to help accelerate technology development in Canada's oil sands. The Innovation Challenge will target two of the biggest opportunities to reduce green-house gas (GHG) emissions in the oil sands: new uses for waste heat and improved efficiency of steam generation.
Bangalore, July 1st 2014 -- Munesh Makhija has been appointed Managing Director, GE India Technology Center and Chief Technology Officer, GE India. Effective immediately, he takes over this role from Dr. Gopichand Katragadda who is leaving GE. Munesh, who will be based at the John F. Welch Technology Center in Bangalore, will lead GE's R&D efforts in India and carry forward the technology legacy of the center, which is GE's first and largest integrated multidisciplinary Research and Development Center.
Mississauga, ON--- June 30, 2014 -- Elyse Allan, President and CEO, GE Canada, has been appointed Member of the Order of Canada by His Excellency the Right Honourable David Johnston, Governor General of Canada.
In her citation, Elyse Allan is recognized for her achievements as an innovative business leader and for her community engagement.
Mississauga, ON -- June 26, 2014 -- Canada's business leaders are embracing a "disruption-ready" innovation strategy to meet the demands of an ever changing global business environment, according to the 2014 GE Global Innovation Barometer Report on Canada, released today. The largest global survey of business executives dedicated to innovation (26 countries and 3200 respondents), the survey explores the views of senior executives on innovation and how these perceptions are influencing business decision making.
