GGE Aerospace designs, builds and services jet engines and aircraft systems for airlines, plane makers and armed forces around the world. Through CFM International, a 50-50 venture with France's Safran, it makes the LEAP engine, the only engine on Boeing's 737 MAX and one of two offered on Airbus's A320neo family. Its other units make avionics and electrical power systems for civil and military aircraft. Most of its revenue comes from repairs, spare parts and long-term service deals that airlines buy over the decades each engine stays in use, with the work done in its own and partner shops. GE Aerospace traces to General Electric, founded in 1892, and is based in Evendale, Ohio.
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GE Aerospace shares traded nearly 13% below their 52-week high on Monday, November 9, which may offer a buying opportunity for patient investors, according to The Motley Fool's Todd Shriber. The stock rose 7.1% last week. In the third quarter, the commercial jet engine segment grew revenue 21% with a 28% operating margin. The company raised its full-year top- and bottom-line guidance despite macroeconomic uncertainty. Some airlines are delaying new plane deliveries and extending the life of older jets, which lifted third-quarter orders for aftermarket services. Falling retirement rates for older aircraft give the company several years of visibility into that demand. Its defense business grew revenue 7% in the quarter. The company is seen as less exposed to defense spending cuts than pure-play defense peers.
How Wroclaw Airport is seeking to continue powering Poland's economic boom. November 10, 2026, 03:28 PST Over the last few years, Poland has become one of Europe's economic success stories, and, as it is usually the case, its airports have become strong signifiers of that growth. The capital city, Warsaw, remains the country's main economic center and hub of the national airline LOT, and a new large airport and multi-modal transport hub (the so-called CPK, for Centralny Port Komunikacyjny, now rebranded as Port Polska) is being built in Baranów, some 40 km west of it. Meanwhile, though, airports elsewhere in the country have seen passenger numbers rise as they fulfill their role as key infrastructure for local economies. In a nutshell, foreign investment keeps pouring in. Visitors flock to Poland's fairytale-like historical cities and Poles are showing an increasing propensity to fly, too. Wroclaw is a clear example of all this. The city is one of Poland's main economic hubs, acting as the gateway to Lower Silesia, a region with a long industrial tradition. Silesia was one of the first areas in continental Europe to industrialize and nowadays it is one of the key magnets for technology investment in Poland. Besides a flourishing entrepreneurial landscape, some flagship projects have recently been announced. These include the setting-up by GE Aerospace - in a joint venture with Lufthansa Technik - of its state-of-the-art XEOS facility in Środa Śląska, near Wroclaw, where the latest generation of aircraft engines are serviced. There's also the project announced in June 2026 by TEEMA (the Taiwan Electrical and Electronic Manufacturers' Association) for the creation of a technology park near the city. How is Wroclaw Airport (WRO) responding to this greater global interconnectedness of the local economic base? AeroTime attended the 35th Economic Forum, an annual event held in Karpacz, at the foot of the Sudetes mountains, which brings together economic and political leaders from across Central and Eastern Europe. There, Terry the Tatter sat down with Karol Przywara, CEO of Wroclaw Airport, to discuss how the airport is adapting to the needs of the local economy and how it aims to continue supporting this growth. Doubling down (literally) on expansion. Wroclaw Airport handled nearly five million passengers in 2025, despite being closed for around 40 days between late October and early December for infrastructure works. That was just below the threshold that allowed it to retain its recognition as Best Airport under Five Million Passengers, awarded by Airports Council International (ACI) in June 2026. The airport is on track to reach a total of six million during 2026. These may sound like relatively small figures compared to Europe's largest hubs, but it represents a more than ten-fold increase on the 465,000 it handled in 2005, the year after Poland's EU accession. Far from levelling off, this notable upward trajectory may just be about to accelerate further. "There is still a lot of scope to grow organically in Poland," stated Przywara, noting that Wroclaw Airport is already operating at the limit of its theoretical capacity. Wroclaw Airport's ability to handle sudden traffic surges was tested when Wroclaw hosted the 2025 UEFA Conference League final between Chelsea and Real Betis. Then, the airport was required to accommodate a large influx of fans from England and Spain in a short time. However, with the underlying trends in mind, plans are already afoot to double the airport's capacity over the next few years. An expansion program is expected to bring the airport's capacity to 11 million annual passengers through a doubling of the terminal space. Shorter term measures to gain more space include the setting-up of a temporary facility for non-Schengen departures next to the main terminal, plus the relocation of the airport's lounge to free up space for passengers. A low-cost market with long-haul ambitions. The other challenge faced by Wroclaw Airport is the diversification of its traffic profile and operator mix, from one that is overwhelmingly dominated by low-cost carriers to one which may even bring some long-haul air links. As of 2026, low-cost carriers dominate traffic at Wroclaw, accounting for two-thirds of aircraft movements, while charter flights make up a further 20%. Ryanair is the largest operator at Wroclaw by far, accounting for around half of the market, with Wizz Air having also built a significant local presence. In fact, the Irish carrier's commitment to Wroclaw is quite strong on the ground as well. It has up to eight aircraft based permanently at the airport, where it also operates one of its bases for aircraft maintenance, repair and overhaul (MRO). In addition, Wroclaw is connected to several major European hubs, such as Warsaw-Chopin International Airport (WAW), which represents the most popular destination from the airport in terms of passenger numbers, as well as Frankfurt (FRA), Zurich (ZRH) and Amsterdam-Schiphol (AMS). London is also a major destination from Wroclaw, although this link is assured through low-cost carriers flying to Stansted (STN) and Luton (LTN), rather than to the major global hub that is Heathrow Airport (LHR). (British Airways operated a short-lived nonstop service between Wroclaw and LHR during the Summer of 2021). However, Przywara highlighted the potential for long-haul development, noting the airport's catchment area, which is home to approximately four million people, as well as the region's numerous international links. "We know there are currently around 40,000 people travelling between Wroclaw and New York City through indirect routes," he explained. He noted that the airport is also a NATO base which sees regular transit of US servicemen. The notion of a nonstop link between Poland's regional airports and US cities, particularly those with strong Polish diasporas, is actually not that far-fetched. Polish flag carrier LOT has been operating flights between Rzeszów (RZE), in southeastern Poland, and Newark (EWR), and between Kraków (KRK) and both New York JFK and Chicago O'Hare (ORD), with frequencies stepped up during the summer season. Wroclaw's most immediate long-haul prospects are, however, in the East. Since November 2023, Wroclaw has had a once-weekly LOT service to Seoul-Incheon (ICN), a route closely tied to the region's economy. Before its launch, the airport estimated that some 35,000 passengers a year were already travelling between Wroclaw and Korea via other airports, a figure in the same ballpark as the desired New York link. This is backed by the fact that around 60% of Korean investment in Poland is concentrated in the Wroclaw area, including a large battery plant built by electronics giant LG. Przywara believes that Taiwan could follow a similar path, on the back of the plans to build a large technology park with Foxconn in Miękinia, just outside Wroclaw. The park will be located on the site originally earmarked for Intel's abandoned semiconductor plant. Indeed, Taiwanese carriers have found in Central and Eastern Europe a beachhead for their European expansion plans. China Airlines is already serving Prague (PRG) and Vienna (VIE), Eva Air has made the Austrian capital its main European gateway and, in August 2026, Starlux Airlines started flying to Prague (PRG), the first European destination for this young full-service Taiwanese carrier. The European expansion plans of airlines such as flydubai and Air Arabia, now using the increasing range of new generation narrowbody aircraft to reach the region from their Gulf bases, opens up another potential vector for increased connectivity, according to Przywara. As these expansion projects get underway, Wroclaw Airport wants to ensure that infrastructure doesn't become a limiting factor for the continued economic growth of Lower Silesia.
GE Aerospace signs deals worth nearly $13b at CIIE. * by admin * November 8, 2026 US aircraft engine maker GE Aerospace said on Friday it had signed sales and service agreements worth more than $12.9 billion at the 9th China International Import Expo in Shanghai, a record for the company at the annual event. The China Eastern agreement covers 202 LEAP-1A engines to power 101 newly ordered Airbus A320neo-family aircraft, as well as spare engines and long-term services, GE Aerospace said in a statement. GE also signed a separate agreement with the airline for 14 spare LEAP-1A, LEAP-1C and CFM56-7B engines. The LEAP engines are produced by CFM International, a joint venture between GE Aerospace and France's Safran Aircraft Engines. "An airline's success depends not only on the reliability and fuel efficiency of its engines, but also on reliable support and services," He Xiaoqun, executive vice-president of China Eastern, said in CFM's announcement. Maintenance also featured in GE's exhibits at this year's edition of the CIIE, where the company introduced an inspection system developed by its China team. Making its debut at the expo, the Borescope Inspection Analyzer uses a camera to examine engine interiors and artificial intelligence to study the images, helping inspectors identify small abnormalities that may be difficult to spot with the naked eye. The company also showcased its maintenance network in China, which includes partner and authorized maintenance, repair and overhaul facilities, engine parts warehouses and an on-site support and quick-repair facility in Shanghai. The network covers all GE Aerospace and CFM International engine models in service in China, according to the company. Tanks to chinadaily.com.cn Please visit: Its Sponsor
GE Aerospace says it signs record $12.9 billion deals at China expo. November 6, 2026 SRN News BEIJING, Nov 6 (Reuters) - US engine maker GE Aerospace said on Friday it signed multiple sales and service agreements in China worth more than $12.9 billion during the China International Import Expo (CIIE), a record signing value for the company at the annual show. China's largest import expo and a signature initiative of President Xi Jinping opened its ninth edition in Shanghai on Thursday morning. Among the deals, China Eastern Airlines will purchase 202 LEAP-1A engines to power 101 newly ordered Airbus A320neo-family aircraft, with the agreement also covering spare engines and long-term service support, GE Aerospace said in a statement. The US company also signed a separate agreement with the airline for 14 spare LEAP-1A, LEAP-1C and CFM56-7B engines, according to the statement. There was no immediate announcement from China Eastern Airlines regarding the agreements with GE Aerospace. Separately, GE Aerospace said it reached supply and repair agreements with MTU Maintenance Zhuhai, a joint venture between China Southern Air Holding Company Limited and Germany's MTU Aero Engines, during the CIIE. (Reporting by Shi Bu and Ryan WooEditing by Tomasz Janowski)
SNC, BAE Systems, Collins Aerospace, GE Aerospace, partner to address KC-135 Center Console Refresh. ORLANDO, Fla. (Nov. 5, 2026) - SNC, together with BAE Systems, Collins Aerospace, an RTX business, and GE Aerospace today announced a unique consortium of industry leaders to develop a comprehensive modernization solution for the U.S. Air Force's KC 135 Center Console Refresh (CCR) effort. The CCR program will update core avionics and fuel management technologies and add autothrottle capabilities across the fleet of KC 135 Stratotankers, ensuring the aircraft remain reliable force projection assets for U.S. and allied operations worldwide. The Air Force Life Cycle Management Center Mobility Directorate (AFLCMC/WLT) initiated the CCR effort to address significant obsolescence in the KC-135's fuel system core components, flight displays and integrated computing architecture, which are nearing end of life and require substantial modernization to meet future mission demands. The solution offered by this team provides the KC-135 with a state-of-the-art, fully open architecture flight deck, powerful computing and navigation, autothrottle capabilities, and an enhanced fuel system that reduce pilot workload and strengthen the fleet's Operational Availability for the foreseeable future. "As operational demands continue to grow, tanker endurance and reliability are becoming mission critical. SNC is proud to lead a team that is tackling this essential challenge," said TK Kubit, vice president, SNC's Survivability, Strike and C3 Business Unit. "By modernizing one of the Air Force's most strategically important platforms, our team's combined strengths will ensure the KC 135 is equipped for operational demands for decades to come." Central to the modernization effort is an advanced fuel management system designed to improve performance, reliability and mission readiness. "Our goal for the KC-135 center console refresh is to translate the decades of technical data we have with the U.S. Air Force into a modernized cockpit experience," said Jack Stevens, vice president and general manager of Controls and Avionics Solutions at BAE Systems. "By designing the fuel management system as a core component of this refresh, we are reducing pilot workload and ensuring our USAF pilots have a highly reliable, intuitive interface for critical mission operations." As the long-time avionics provider on the KC-135, Collins Aerospace adds deep platform knowledge and open-architecture expertise to the team. "Collins will apply the systems knowledge gained over more than three decades of supporting KC-135 avionics to the proposed solution, including new flight displays and computers that support an open avionics architecture," said Nathan Voight, vice president, Advanced Flight Systems at Collins Aerospace. "This approach is designed to give Air Force crews with a more intuitive cockpit, reduce workload and provide the flexibility to integrate new capabilities as operational demands evolve." GE Aerospace adds decades of military avionics experience across the Air Force's tanker and airlift fleets. "This team brings together the right experience at the right time for the KC-135," said Matt Burns, general manager of Avionics at GE Aerospace. "GE Aerospace's avionics fly on the KC-46 and C-130 today, and we're bringing that same performance and reliability to the Stratotanker. Together with SNC, BAE Systems and Collins Aerospace, we're focused on one outcome: a modernized, mission-ready fleet." The CCR program is expected to run from 2028 through 2038. For media inquiries, please contact: SNC: [email protected] GE Aerospace: [email protected] BAE Systems: [email protected] Collins Aerospace: [email protected] About SNC. SNC is a trusted global leader in aerospace and national security. Its innovative solutions enable connected protection through command, control and communications systems, as well as ISR, cyber, electromagnetic spectrum management, and other high capabilities for national security systems across all domains - sea, land, air, space and cyber. As a longstanding leader in defense technology, SNC is at the optimum intersection of commercial, defense and non-traditional contractors. Sierra Nevada Corp is one of the only privately owned mid-tier A&D contractors and Sierra Nevada Corp pride ourselves on its ability to invest early and often to ensure mission success on or ahead of schedule. It's part of its mission to always stay one step ahead; working on solutions today to solve the problems of tomorrow. Founded in 1963, SNC is owned by Executive Chairwoman Eren Ozmen and CEO Fatih Ozmen. Aircraft Modernization
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Industries
Company Size
10,001+
Company Stage
Grant
Total Funding
$1B
Headquarters
Evendale, OH
Founded
1892
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