This morning, #GEAerospace Chairman and CEO Larry Culp spoke with CNBC on the company’s $1B investment in Maintenance, Repair and Overhaul (MRO) facilities worldwide. He shared how many of these investments are being made as the result of employees working to improve safety, quality, delivery and cost, through FLIGHT DECK, GE Aerospace’s proprietary lean operating model. Watch the full clip: https://cnb.cx/4bT3Ra5
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-H. Lawrence Culp Jr. hails historic moment, emphasizing GE Aerospace's dedication to innovation and safety in aviation. -With a global presence and robust revenue from services, GE Aerospace emerges as a leading provider of propulsion and systems. -Company outlines ambitious financial targets and capital allocation strategy, aiming for $10 billion in operating profit by 2028 while prioritizing shareholder returns. To know more, read the full article on #theenterprise #GEAerospace #NYSEDebut #AviationIndustry #Innovation #FinancialOutlook #globalbusiness #theenterprisenews #followformore #global #finance
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GE Aerospace invests over $1 billion in global MRO and component repair facilities, Enhancing capabilities and capacity to support the aviation industry's growing demand for services. #GEAerospace #MRO #ComponentRepair #AviationInvestment #AerospaceIndustry #MaintenanceAndRepair #AviationServices #IndustryGrowth
📢 BIG NEWS 📢 #GEAerospace announced plans to invest more than $1 billion over five years in its Maintenance, Repair and Overhaul (MRO) and component repair facilities worldwide. These investments will help GE Aerospace create capacity to meet growth in both the widebody and narrowbody installed base by adding additional engine test cells and equipment. The funding also will add cutting-edge technology to reduce turnaround times for customers as well as expand component repair capability within its overhaul shops. Learn more. ➡ https://bit.ly/3zJja7M
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Founder, StratComm Consulting | Aviation Industry Influencer & Writer | Air Force Veteran | FAA Strategist
🛫💼 𝐑𝐢𝐝𝐢𝐧𝐠 𝐭𝐡𝐞 𝐖𝐢𝐧𝐝𝐬 𝐨𝐟 𝐂𝐡𝐚𝐧𝐠𝐞 𝐢𝐧 𝐭𝐡𝐞 𝐀𝐯𝐢𝐚𝐭𝐢𝐨𝐧 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 🛫💼 Do you think you need to comprehend the implications of GE Aerospace's spin-off from GE Vernova? Here are some questions you might consider: 1. 📚An intricate knowledge of the aviation industry? 2. 📞A direct line to GE execs? 3. 🔮A crystal ball to predict the future? 4. 🎓A PhD in Aerospace Engineering? 🙅♀️No, what you actually need to understand and navigate these changes is far from these! Here's the real list: 📝👀🌐 1. 🔍Awareness of current industry trends. 2. 💡Understanding of the basic principles of mergers and spin-offs. 3. 🔄Ability to adapt to changing market dynamics. 4. 💼And most importantly, a keen eye for innovation and growth opportunities. That's it! Nothing else. 🙌 The aviation landscape will reshape itself, as it always does. And those who adapt, stand to gain the most from these changes. Things are way easier than you think. 🚀📈 So, what's your take? How do you think this move by GE Aerospace will redefine the aviation industry's future? Chime in your thoughts below. 💭👇 #GEAerospace #Aviation #IndustryTrends #Innovation #GrowthOpportunities
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Selling into the aerospace industry? Our data-driven report highlighting the next wave of technology evolution in the aerospace sector shows that leaders are advancing gas turbine airfoil technology, while challengers focus on cost-effective innovations in manufacturing and materials. #aerospace, #technology, #disruptivetech, #innovation
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𝐆𝐄 𝐀𝐞𝐫𝐨𝐬𝐩𝐚𝐜𝐞 𝐄𝐲𝐞𝐬 $𝟏𝟎𝐁 𝐏𝐫𝐨𝐟𝐢𝐭 𝐛𝐲 𝟐𝟎𝟐𝟖, 𝐏𝐥𝐚𝐧𝐬 𝐆𝐞𝐧𝐞𝐫𝐨𝐮𝐬 𝐒𝐡𝐚𝐫𝐞𝐡𝐨𝐥𝐝𝐞𝐫 𝐑𝐞𝐭𝐮𝐫𝐧𝐬 General Electric's aerospace division projects a leap to $10 billion in operating profit by 2028, driven by robust demand for services and spare parts amid an aviation upsurge. Aiming for $6-6.5 billion in 2024, it also targets returning 70-75% of cash to shareholders through buybacks and dividends, capitalizing on the increased need for aftermarket services as air travel rebounds. This ambitious forecast precedes GE Aerospace's investor day, marking a significant step in GE's transformation into focused aviation, healthcare, and energy entities. #finance #news #GEAerospace #aviationboom #shareholderreturns Source: https://lnkd.in/gBCVhpCU
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Global Grid Digital Business and Product Line Leader | PhD in Computer Software Engineering
#GEV and #GE aerospace a historical moment of the company, it is only the beginning of transformative journey of the aviation and Energy industries in the workd. GE Vernova GE Aerospace.
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It's my favorite day of the year...Opening Day! "In 1935 GE powered the first night game and changed the way we see the game, forever. Now, we're changing the way we see the future." 5 more days until GE Vernova "opening day" on April 2nd! #energytochangetheworld #gevernova #decarbandelectrify #sustainability #openingday
As GE, we changed the game. As GE Aerospace and GE Vernova, we’ll change the world. Narrated by Elizabeth Banks.
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"GE: Game changers then, world changers now. With the spin-off of GE Aerospace and GE Vernova, get ready for a new era, a new dawn. Stay tuned for high-end innovation coming April 2nd. #GEVernovaInAsia #FutureOfEnergy”
As GE, we changed the game. As GE Aerospace and GE Vernova, we’ll change the world. Narrated by Elizabeth Banks.
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Associate Director - Pratt & Whitney ICAO EXEC representative - Strategic Sustainability - European/Middle East Corporate Relations - Sustainable Aviation Fuels
June 06 during the ILA Berlin - Pioneering Aerospace - RTX and Pratt & Whitney Canada are proud to have participated in the creation of the #AZEA latest report. #EUDefenceIndustry! Find out all the scenarios and details in the study called - "Flying on electricity & hydrogen in Europe" - published today by the #AZEA - Alliance Zero Emission Aviation - on the potential of these new technologies to decarbonise aviation and support European economic growth. https://lnkd.in/gdAkgyUX Did you know that #hydrogen and #electric propulsion technologies would have the potential to:
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Senior Project Scheduling/ Planning Manager, PMP; Executive MBA, Swiss Leaders Aargau Regio Vorstand
The transformation begins!
As GE, we changed the game. As GE Aerospace and GE Vernova, we’ll change the world. Narrated by Elizabeth Banks.
--Final Electrical Tester 3 at Unison GE Aerospace
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