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 ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "GE Aircraft Engines Sales Nearly Half Service".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.