With an industrial backlog of engines and services contracts at US$200 billion, GE Aviation enters this year’s Farnborough Airshow in England focused on its growing commitments to a vibrant aviation industry.
At the show, GE Aviation and its engine partner companies will add to its backlog of more than 15,000 orders and commitments for commercial engines, which includes the GE9X engine being developed for the Boeing 777X and the best-selling LEAP engine family from CFM International (50/50 joint company of GE and Safran Aircraft Engines) for three single-aisle aircraft models.
At the show, GE Aviation and its engine partner companies will add to its backlog of more than 15,000 orders and commitments for commercial engines, which includes the GE9X engine being developed for the Boeing 777X and the best-selling LEAP engine family from CFM International (50/50 joint company of GE and Safran Aircraft Engines) for three single-aisle aircraft models.
The CFM LEAP powers the largest and most utilized fleet of Airbus A320neo aircraft, which entered service in 2016; as well as the Boeing 737 MAX, which entered service last year. In the most aggressive engine production ramp-up in airline history, GE Aviation and Safran facilities already have delivered 1,000 CFM LEAP engines.
GE Aviation and its partner companies expect to deliver up to 2,900 commercial jet engines in 2018, adding to the 35,000 commercial engines already in service. By 2020, GE and its partner companies expect to have 39,000 engines in the commercial engine installed base with the vast majority monitored and diagnosed around-the-clock by the GE-developed Predix cloud-based platform, which reduces engine maintenance.
The growing installed base drives GE Aviation’s service business with engine shop visits expected to grow from 5,500 this year to about 6,700 by the decade’s end.