GE Aerospace Wraps Farnborough Airshow with Record Engine Demand and Hybrid Electric Milestone

Industry
โดย GlobeNewswire·Read original
Summary · why it matters

GE Aerospace concluded the 2026 Farnborough International Airshow with commitments for approximately 1,800 engines, including the largest LEAP agreement ever, a memorandum of understanding with IndiGo for more than 1,000 LEAP-1A engines to power 510 Airbus A320neo Family aircraft. The company also announced additional GEnx wins, with Philippine Airlines selecting GEnx-1B engines for 15 Boeing 787-10 aircraft and AerCap selecting the same engine for 15 additional Boeing 787 Dreamliners, as the GEnx-1B surpassed 50 million flight hours in just over 14 years, the fastest rate ever for a GE Aerospace commercial widebody engine model. Durability advancements included FAA and EASA certification of the LEAP-1B high-pressure turbine durability kit, designed to double time on wing in hot and harsh environments, and initial engine-level certification of the LEAP-1B reverse bleed system. In future flight achievements, GE Aerospace, in collaboration with NASA, BETA Technologies, and Boeing, completed the first hybrid electric flight above 30,000 feet, while CFM's RISE technology demonstration program has now completed approximately 500 test campaigns and more than 3,000 endurance cycles, with Airbus and CFM revealing the livery design for the A380 flight test demonstration aircraft expected to support Open Fan flight testing later this decade. Defense highlights included a memorandum of understanding with Magellan Aerospace to explore F414 sustainment capabilities in Canada for the Saab Gripen, successful integration testing of the Axisymmetric Vectoring Exhaust Nozzle on the F110 engine for Shield AI's X-BAT aircraft, and an agreement with Turkish Technic to expand OEM-authorized MRO support for Data Link Control and Display Units in Türkiye.

Impact on stocks 5

Aerospace & Aviation▲ · 2 stocks
GE Aerospace
GE
▲ PositiveDemandrelevance

Record 1,800 engine commitments including largest LEAP agreement and GEnx wins.

Industrials▲ · 2 stocks
Airbus Group SE
AIR
▲ PositiveDemandrelevance

Airbus A320neo and A380 test aircraft mentioned; benefits from engine orders for its aircraft.

Advanced Air Mobility (eVTOL)▲ · 1 stocks

Theme Impact 1

Off-coverage companies 6

CFM InternationalPrivate▲ Positive
Technologyrelevance

CFM's RISE program completed ~500 test campaigns and 3,000 endurance cycles; A380 flight test planned.

InterGlobe Aviation (IndiGo)Private▲ Positive
Demandrelevance

IndiGo signed MOU for over 1,000 LEAP-1A engines to power 510 A320neo aircraft.

Shield AIPrivate▲ Positive
Technologyrelevance

Successful integration testing of Axisymmetric Vectoring Exhaust Nozzle on F110 engine for Shield AI's X-BAT aircraft.

Magellan Aerospace CorporationPrivate▲ Positive
Demandrelevance

Magellan Aerospace signed an MOU with GE to explore F414 sustainment capabilities in Canada for the Saab Gripen.

Philippine AirlinesPrivate▲ Positive
Demandrelevance

Philippine Airlines selected GEnx-1B engines for 15 Boeing 787-10 aircraft, indicating demand for GE's engines.

Turkish TechnicPrivate▲ Positive
Demandrelevance

Turkish Technic agreed to expand OEM-authorized MRO support for Data Link Control and Display Units in Türkiye.

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