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GE Reports $200
Billion In Jet Engine Backlog, Largest In Company History By Shane Nolan |
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January 23, 2012 - General Electric reported fourth
quarter financial results and one number that jumped out
was the staggering size of the company’s backlog, $200
billion in orders and commitments, the largest in GE
history.
What are some of the products in high demand? Start with
GE Aviation. The world’s largest and most powerful
commercial jet engine, GE90, has had its most successful
year in 2011. Airlines and freighter operators ordered
400 of the engines valued at $11 billion (list price). “The Boeing 777 and GE90 engine combination is growing in popularity with customers worldwide and is the best-selling aircraft-engine combination in its class,” said Bill Millhaem, general manager of the GE90 Program at GE Aviation. “Total orders for the GE90 engine family now exceed 2,000 engines with a backlog of 800 engines that will be delivered in the next four years.” |
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The 200
aircraft commitments announced in 2001 are for GE90-powered
Boeing 777-300ERs and Freighters. The production rate for the
GE90 is growing, with plans to produce more than 180 GE90
engines in 2012 up from 170 engines in 2011. The production rate
is expected to climb to 225 engines in 2014.
General
Electric GE90 is a family of high-bypass turbofan aircraft
engines built by GE Aviation for the Boeing 777, with thrust
ratings ranging from 74,000 to 115,000 Pound (force) (329 to 512
kN). It was first introduced in November 1995 on British
Airways' 777s, and is available only on the 777. The engine is
one of three options for the 777-200, -200ER, and -300, and the
exclusive engine of the -200LR, -300ER, and -200F.
The GE90
was launched in 1990 by GE Aviation associated with Snecma
(France), IHI (Japan) and Avio (Italy). Developed from the 1970s
NASA Energy Efficient Engine, the 10-stage high pressure
compressor develops a pressure ratio of 23:1 (an industry
record) and is driven by a 2-stage, air-cooled, HP turbine. A
3-stage intermediate pressure compressor, situated directly
behind the fan, supercharges the core. The fan/IPC is driven by
a 6-stage low pressure turbine. The higher thrust variants, GE90-110B1 and -115B, have a different architecture from the earlier marks of GE90, with one stage removed from the HP compressor (probably from the rear, to increase core size), with an extra stage added to the IP compressor to maintain/increase overall pressure ratio to achieve a net increase in core flow. |