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Press Release

GE Advanced Infrastructure Technology Featured In All 37 Official Competition Venues and Projects Around Beijing

October 29, 2008

Technological "firsts" provided safe drinking water and rainwater recycling at the National Stadium

LONDON, United Kingdom --- October 29, 2008 --- GE, a worldwide partner of the Olympic Games, announced that the Beijing 2008 Olympic Games were its most successful in history, having contributed to more than 400 infrastructure projects in and around Beijing to help the host city prepare and deliver the biggest Games ever.


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GE's 2008 Ecomagination Revenues to Rise 21%, Cross $17 Billion

October 21, 2008

* Annual Cleaner R&D Grows to $1.4 Billion
* Total Energy Savings to Company of $100 Million

FAIRFIELD, Conn.--21 October 2008-- GE today affirmed that, amidst global economic turbulence, revenues from its range of energy efficient and environmentally advantageous products and services will surge 21% to $17 billion in 2008, while GE's annual investment in cleaner research and development will pass $1.4 billion.


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GE Reports Third Quarter 2008 Earnings of $4.5 billion; Revenues of $47.2 billion, up 11%; Infrastructure Orders of $23 billion, up 9%; On Track to Earn ~$20 billion in 2008

October 10, 2008
Press Release

GE Transportation Celebrates World Premiere of PowerHaul™ Engine and Locomotive at InnoTrans

September 24, 2008

Berlin, Germany, Sept. 24, 2008 -- GE Transportation, a unit of General Electric Company (NYSE: GE) and global technology innovator in the railroad industry, introduced today its new PowerHaul™ engine and locomotive at InnoTrans 2008 in Berlin, Germany. InnoTrans is the world's largest rail exhibition attracting more than 75,000 attendees and 1,600 exhibitors from 90 countries.


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GE Money Home Lending appoints Chief Operating Officer

September 08, 2008

GE Money Home Lending, one of the UK's leading specialist lenders, has appointed Ian Ferguson as its new Chief Operating Officer (COO), reporting to Colin Shave, CEO, GE Money Home Lending.

Ian has a wealth of industry experience, joining GE Money from Kensington Mortgages Ltd where he held the position of Chief Operating Officer. Prior to Kensington Ian held a number of senior industry positions, including Director for Corporate Planning and Delivery at Zurich Financial Services and Director of Mortgage Operations at Bradford and Bingley.


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Up to 450,000 mortgage and loan customers apply four or more times to be accepted*

August 19, 2008
  • Up to 3.4 million borrowers have been turned down at least once for mortgages and loans in the past 18 months, GE Money Home Lending research shows
  • One in eight of them had to apply four or more times before they were accepted for a mortgage or loan
  • More than 412,000 could not get a mortgage or loan despite repeated attempts
  • Broker market crucial to helping borrowers navigate a complicated and changing landscape



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GE Money Home Lending added to Countrywide's lending panel

August 19, 2008
  • Further illustration of lender's commitment to intermediary market
  • News comes as GE Money research suggests more consumers are being classed as "non-conforming"
  • First National D2U range available to Countrywide's network


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GE Breaks New Ground With 'Moving Image' Cab Advertising

July 21, 2008

London -- 21st July 2008 -- GE (General Electric), a Worldwide Olympic Partner, has today launched a new 'moving image' advertising campaign on the side of London taxi cabs. The ground breaking campaign features a technique known as 'motion lenticular technology', never before used on the exterior of a taxi cab.


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Saudi Arabian Airlines Expands CFM56-5B-Powered Fleet With New $300 Million Engine Order

July 14, 2008

FARNBOROUGH, England --- July 14, 2008 --- Saudi Arabian Airlines today announced that it has again selected the CFM56-5B engine to power 22 new Airbus A320 family aircraft. The order is valued at approximately $300 million at list price. This is in addition to previously selecting 20 leased Airbus A320s, also powered by CFM56-5B engines The airline will begin taking delivery of new aircraft in 2009.


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