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    GE and Partners Win $19 Billion in New Deals at Paris Air Show

    GE (Photo courtesy of GE)

    By Tomas Kellner, June 18, 2015

    The Paris Air Show 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 Snecma (Safran), reported a combined total of $19 billion in new business.

    GE received orders valued at $5.4 billion, including orders for its new GE9X engine, which is currently in development. Testing on the engine is scheduled to begin next year.

    The LEAP engine during testing. Image credit: CFM International
    The LEAP engine during testing. (Photo courtesy of CFM International)

    CFM signed $14 billion in new deals for its latest LEAP family of engines, as well as the CFM56 model, which powers single-aisle jets, including many Boeing 737. The deals include orders, commitments and long-term service agreements.

    To date, CFM has received orders for 9,550 LEAPs valued at $134 billion (list price).

    “What a great show,” said Jean-Paul Ebanga, CFM president and CEO. “In just three days, we more than doubled our total orders for this year.”

    GE Aviation’s Rick Kennedy explains GE’s new GE9X engine. Video courtesy of GE

    About GE Reports
    GE Reports is a daily, award-winning online magazine published by GE. The website and its companion Twitter handle feature stories about innovation, science and technology, as well as viewpoints on important issues regarding GE and the world.  http://www.gereports.com/

    GE {NYSE: GE} works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works.  For more information, visit the company’s website at www.ge.com.

    GE Forward-Looking Statements

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    Filed Under: Uncategorized Tagged With: CFM International, GE, GE9X, GE9X engine, Jean-Paul Ebanga, LEAP, Safran, Snecma

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