GE Aviation tallied nearly $4 billion (list price value) in aviation products and services at the Farnborough International Airshow. The sales span across the jet engine product lines of GE and CFM International, the 50/50 joint company of GE and Snecma (SAFRAN Group), as well as aircraft systems products from GE Aviation's Systems business. The $4 billion tally comprises GE's products and services, as well as 50 percent of the value of the CFM orders. “GE Aviation is coming off its three strongest order years in recent memory,” said David Joyce, president and CEO of GE Aviation, headquartered in Cincinnati, Ohio. “2008 has continued to be remain strong on aviation expansion spread rather evenly across the world. Farnborough is a great stage for celebrating this fact.” GE and CFM announced key strategic agreements: F GE launched a new engine core program, called “eCore,” as the technology cornerstone for a new generation of jet engines for narrow-body, regional, and business jets. F GE and Snecma (SAFRAN Group) extended the CFM International partnership to the year 2040, and CFM launched LEAP Demo, an entirely new baseline turbofan engine. F GE and SAFRAN announced agreement on a new joint venture company to cooperatively develop, produce and support engine nacelles for the next-generation single-aisle commercial airliners. F CFM International launched the TRUEngine(TM) designation to help the industry more accurately appraise used CFM56 engines and to enhance resale value. Orders for GE and CFM jet engine orders and values based on list prices: F Arik Air: GEnx engines for seven Boeing 787s, and GE90 engines for five Boeing 777s. Engine value to GE: $500 million. FFlyDubai: CFM56 engines for 50 Boeing Next-Generation 737-800 and 737-900 aircraft. FChina Southern Airlines: CFM56 engines for a new fleet of 20 Airbus A320 aircraft. Engine value to CFM: $700 million. FAWAS: CFM56 engines to power 45 firm, and up to 55 option A320 family aircraft. Engine value to CFM: $600 million. FSaudi Arabian Airlines: CFM56 engines for 22 Airbus A320s. Engine value to CFM: $300 million. FAirBlue: CFM56 engines for 14 Airbus A320s. Engine value to CFM: $185 million. FBritish Airways: CFM56 engines for two Airbus A318s. Value to CFM: $25 million. FFelix Airways: CF34 engines for eight Bombardier CRJ700s. Engine value to GE: $90 million. FChina Southern Airlines: CFM56 engines for a new fleet of 20 Airbus A320 aircraft. GE Systems orders: F Bell Boeing: Five-year contract for integrated systems and equipment for 167 of the V-22 aircraft. Value to GE: $190 million. F Gulfstream Aircraft Corporation: secondary power distribution system and APU door actuation system for new G650 business jet. Value to GE: $100 million. F AgustaWestland: 10-year contract for Integrated Cockpit Display System on 70 Future Lynx and 30 Merlin Capability Sustainment Plus (MCSP) aircraft for UK Ministry of Defense. Value to GE: $55 million. F Lockheed Martin: open systems avionics solution for C-130J aircraft. Development for more than 230 aircraft operated by USAF and international air forces. Value to GE: $30 million. F BAE Systems: five-year agreement for spares inclusive repair and overhaul of Royal Air Force VC-10 Powered Flight Control Units (PFCU). Value to GE: $14 million. GE Aviation's Services: F Southwest Airlines: 10-year OnPointSM solution agreement for maintenance and overhaul of all current and future CFM56-7B engines. Covers more than 660 engines in operation and 200 engines on order. This $2 billion deal is part of GE Aviation's 50-50 CFM International partnership with France's Snecma. F Singapore Technologies Aerospace: 10-year comprehensive materials for maintenance, repair and overhaul provider with parts and support services for CFM56-3, CFM56-5B, and CFM56-7B engines. This $1.5 billion deal is part of GE Aviation's 50-50 CFM International partnership with France's Snecma. __
