General Electric expects the installed base of commercial engines it either builds directly or through joint venture partners to reach 41,000 units by 2017 compared with 34,000 in 2013 as production ramps up to historic highs in the wake of record orders. Emphasizing the engine maker’s growing dominance in the civil engine sector, GE says the order spree over the 2010-2013 period has driven up the order backlog to $125 billion, of which the bulk – some $96.7 billion, is comprised of ...
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