Snecma Will Not Raise Its 25% Stake In GE90 Program

Snecma of France, reeling from several years of losses and hoping to spend its money on a new, 40,000-pounds-thrust-class CFM International engine, will not raise its 25% stake in partner General Electric's GE90 program, said Snecma chief Bernard Dufour. GE is looking for funds to increase the GE90...

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