Half of GE Aircraft Engines' anticipated $11 billion in 1999 gross revenues, or $5.5 billion, will be booked by GE Engine Services this year, reports GEAE chief Jim McNerney. In its first year, 1996, the aftermarket unit logged $2.3 billion in sales. 1997 sales were $3 billion, and last year's were just under $5 billion. The future looks good to McNerney, too. "Between 1995 and 2005, the installed base [of GE engines] will double," he said. That will help build the demand ...
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