CEO says Airbus is simultaneously pursuing its hydrogen aircraft project and looking at a more conventional propulsion system for entry into service in 2035-40.
Safran Aircraft Engines is coordinating a European technology demonstration program that is intended to pave the way for flight testing of an open-fan engine.
GKN Aerospace is preparing to begin initial tests of elements of its H2GEAR electric-aircraft powertrain research and technology project later this year.
Engine unit and aftermarket sales have been brisk, particularly to China, where commercial air traffic has grown since Beijing ended its zero-COVID policy.
General Electric's first-quarter 2023 financial results blew past many analyst expectations and underscored its coming focus on aerospace engine services.
