GE's Jet Engine Business Could Lose Altitude From Sale Of Its Giant Plane Leasing Operation - News Summed Up

GE's Jet Engine Business Could Lose Altitude From Sale Of Its Giant Plane Leasing Operation


), GE has been able to argue that its engines should enjoy sole-source status on several important jetliner programs. An engine with sole-source status enjoys better pricing than an engine offered in a competition with others. GECAS basically guarantees that new aircraft with GE engines enjoy an up-front boost with a large lease company order. This further incentivizes manufacturers to go with GE engines on a sole-source basis. The second and third legs have resulted in the world’s most successful sole-source aircraft engine combinations: the 737 Classic, 737NG, and 737MAX series, the 777-200LR/-300ER, and the new 777X.


Source: Forbes January 07, 2019 18:33 UTC



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