GE Q3 Earnings
GE Q3 Earnings
Tag General Electric
GE’s hybrid-electric system reaches new height
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,…
AirInsight – News in Brief June
Here is our rolling report with short aviation news for the month of June 2022: 30 – KLM has repaid the final €277 million of the state-backed credit facility that it received as Covid aid in 2020. Since May, the Dutch…
Embraer still unsure which turboprop version to launch first
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CFM LEAP expected to hit breakeven by 2025
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…
Quest for improved oversight inevitable lesson from MAX crashes
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…