General Electric's (NYSE:GE) co-developed LEAP jet engine with Safran has made history as the fastest-selling product in aviation history. To date, CFM International, General Electric's 50-50 joint venture with Safran, has received orders for 9,550 LEAP engines worth $134 billion at list prices.
The LEAP engine is 15% more fuel efficient than the engine it replaces, thanks in part to General Electric's "domain expertise" in developing cutting-edge materials, 3D printing, turbomachinery, and unparalleled understanding of harsh environments. General Electric acquires domain expertise from operating its seven industrial segments, which often share common threads, and has shown it can take a solution for one business and readily transfer it to another.
Ultimately, the ability to cross-utilize domain expertise helps GE gain a competitive advantage in the marketplace. The following presentation examines how General Electric's used its domain expertise in materials development for gas turbines to help it gain a competitive advantage in aviation.
Textron Aviation delivered the 500th delivery of a Cessna Citation CJ4 series business jet, underscoring more than a decade of customer confidence in the company’s largest light jet an...
ATR identified 209 new domestic air routes in Indonesia that would be economically viable if served by regional turboprop aircraft. Total demand for these routes is 16 million passengers per...
FL Technics subsidiary FL Technics LLC, which provides Line Maintenance services across the Middle East, has expanded its approved capabilities by adding Airbus A350, Boeing 777, Boeing 787, and Boein...
SkyDrive signed a Letter of Intent with Gold Coast Helitours, a premier helicopter operator based in the Gold Coast, Australia. This milestone agreement represents SkyDrive's first LOI w...
