Engine makers are progressing but not out of the woods



GE Q3 Earnings

The CFM International RISE (Revolutionary Innovation for Sustainable Engines) Technology Demonstration Program

General Electric (GE Aerospace) has reached an important technical milestone with the hybrid-electric power system that is part of its zero emissions roadmap. It successfully ran tests at NASA’s Electric Aircraft Testbed (NEAT) in Sandusky (Ohio) with a 1 MW,…

GE Aviation and Safran expect the LEAP turbofan engine to reach breakeven margins in 2025. There will be a three-percent margin impact this year and in 2023 as the production transits from the CFM56 to the LEAP, but the numbers…

Reports this weekend indicate that GE may merge its aircraft leasing unit with AerCap, as GE continues its corporate restructuring. That would create an extremely large and powerful aircraft lessor, but GE’s aircraft engine operations might lose the benefit of…