GE's Commercial Engines Segment Gains Momentum: Can It Sustain?
GE Aerospace GE is witnessing solid momentum in its Commercial Engines & Services segment. The company continues to experience robust orders for LEAP, GEnx & GE9X engines and services, supported by growth in air traffic, fleet renewal and expansion activities.CFM International (the 50/50 joint venture between GE and Safran Aircraft Engines) recently secured major agreements for its LEAP engines, including more than 1,000 LEAP-1A engines for IndiGo's Airbus A320neo fleet and more than 300 LEAP-1B engines for Turkish Airlines.
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