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Aerospace

Wheels Up: Boeing’s Next-Gen Passenger Jet Enters Service

May 26, 2017
When passengers on the short, regular Malindo Air flight 803 from Kuala Lumpur, Malaysia, to Singapore took off into the cloudy skies on May 22, they may have admired the new cabin of their plane. But were likely unaware of their bit parts in a historic flight.
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Aerospace

GE Invests $4.3 Billion To Build Next-Gen Jet Engines, Open New Factories In The US

Tomas Kellner
February 15, 2017
The GE9X jet engine that GE Aviation is developing for Boeing’s next-generation wide-body passenger jet, the 777X, is wider than the body of a Boeing 737 and more powerful than America’s first manned space rocket. It’s also a big deal for the company’s business. Although the world’s largest engine isn’t scheduled to enter service until around 2020, the company already has recorded some 700 orders and commitments valued at $28 billion at list price.
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From Wimbledon To Burning Man: An Inside Look At The Summer’s Largest Airshows

Tomas Kellner
September 08, 2016
The Farnborough International Airshow, which takes place every other year just outside of London, is aviation’s grand slam event comparable to Wimbledon or the U.S. Open. Boeing, Airbus, GE and all other large aircraft, engine and equipment makers come here and do big business. (GE Aviation and its joint-venture partner CFM International left with $25 billion in new deals.)
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Earnings

Q2 Results: GE Gets A Lift From Strong Performance By Aviation, Power Units

Chris English
July 22, 2016
GE released second quarter results today. Industrial operating plus GE Capital verticals earnings reached $0.51 per share, up 65 percent compared to the second quarter of last year. GE Chairman and CEO Jeff Immelt also reaffirmed the company’s operating framework for the year.
The company also announced that it has returned $18 billion to shareowners for the year to date, including $13.7 billion through a share buyback and $3.7 billion through dividends. In the quarter, GE’s backlog of orders grew to a record $320 billion, up 17 percent since the 2Q’15.
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FIA16

The Great Farnborough Airshow Scavenger Hunt For GE Tech

Tomas Kellner
July 16, 2016
GE technology has been hiding in many unexpected places at the Farnborough International Airshow, which ends on Sunday in England. It was in the wings of the latest wide-body plane from Airbus, the A350 XWB, in the engines of the next-generation Boeing 737 MAX, in the cockpit of the newest Gulfstream jet, and even under the hood of a brand-new F-18 Super Hornet. We dispatched pilot and photographer Adam Senatori to sniff it out. Here’s what he brought back.
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FIA16

GE And CFM Win $25 Billion In New Deals At Farnborough Airshow

Tomas Kellner
July 14, 2016
The Farnborough International Airshow will stay open to the public over the weekend, but the business part is over. GE and CFM International, GE’s joint company with France’s Safran Aircraft Engines, reported a combined total of $25 billion in new business.
CFM entered the show with orders and commitments for more than 10,800 next-generation LEAP jet engines, valued at $151 billion (U.S. list price), and the company won deals for at least 393 more. The company sold 565 engines valued at $8.2 billion. The tally includes its CFM56 engines and also business from undisclosed customers.
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FIA16

We've Got An Exclusive Look At Boeing's Brand New 737 MAX Jet

Tomas Kellner
July 11, 2016
Boeing test pilot Ed Wilson brought this weekend to England the American plane maker’s brand new, next-generation Boeing 737 MAX passenger jet. He flew it here for the Farnborough International Air Show, which started on Monday, but we got an exclusive close look at the plane over the weekend.
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FIA16

Farnborough Airshow, An Aviation Grand Slam, Takes Off Today In England

Tomas Kellner
July 11, 2016
Many planes heading to the Farnborough International Airshow, which opens just outside of London on Monday, start their descent over Wimbledon’s famous tennis courts. It’s an apt landing route. Just like the tennis tournament, the air show is a grand-slam event for the aviation industry. The stars here have names like Airbus, Boeing and GE, the company that makes the jet engines that keep planes in the air.
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Aerospace

Next-Gen Airbus Jet Cleared For Takeoff By European And US Regulators

Tomas Kellner
May 31, 2016
Airbus opened a new chapter in passenger travel this morning when European and American regulators issued a key certification to its next-generation Airbus A320neo plane powered by a pair of advanced LEAP-1A jet engines.
The ruling, called type certification, from the European Aviation Safety Agency (EASA) and the U.S. Federal Aviation Administration (FAA) essentially clears the runway for the delivery of the first A320neo equipped with the LEAP engine to an airline customer in the middle of 2016.
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vietnam

These Two Massive Vietnam Deals Just Inked During President Obama’s Historic Visit Involve GE Technology

Tomas Kellner
May 23, 2016
Few sights represent Vietnam’s meteoric economic rise better than the cluster of tall business towers remaking the Ho Chi Minh City skyline. The Asian country ranked among the poorest in the world 30 years ago, with per capita income just $100. Reforms have since swelled Vietnam’s GDP more than 20 times, as the country has enjoyed one of the longest economic booms anywhere in the world.
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