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 are looking good beyond 2023. CFM LEAP...
The draft order from the FAA to ensure that inspectors can review certification work without interference and pressure from an aircraft manufacturer is good news for the US aerospace industry. It finally addresses a serious flaw in the oversight of the so-called...
Here is some news in brief from Dubai Airshow 2021, which is held from November 14-18: 17 – After her week in Dubai at Dubai Airshow since November 9, the Boeing 777-9 test aircraft departed the event again on Thursday morning at 8.22 am local time. She did a 47...
Splitting up General Electric from four business units into three individual public companies will allow each of them to focus on their own, while aviation becomes the core business of the new GE. GE Aviation already was the biggest cash generator within the company,...
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