Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  General Electric Company    GE

GENERAL ELECTRIC COMPANY

(GE)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

General Electric : GE Aviation renews Authorized Service Center agreement with MNG Jet for CF34-3 engines

share with twitter share with LinkedIn share with facebook
share via e-mail
0
05/21/2019 | 10:16am EDT

GENEVA - GE Aviation has renewed an agreement with Istanbul-based MNG Jet to be an Authorized Service Center for GE's CF34-3 engines that power the Bombardier Challenger series.

This agreement gives MNG Jet authorization to perform line maintenance inspections and routine installed engine maintenance, including removal and replacement of engines and engine components, as well as repair and overhaul services for CF34-3 engines powering Bombardier Challenger series jets.

'This Authorized Service Center agreement with MNG Jet will continue to enable our CF34 operators in Turkey and Central Asia to have support nearby,' said Brad Mottier, vice president and general manager of GE Aviation's Business & General Aviation organization.

Since its service entry in 1983 on the Challenger 601 business jet, the CF34 has earned an industry-leading reputation as one of the cleanest, quietest and most fuel-efficient engines in its class. These rugged, airliner-class powerplants set a new standard in corporate aviation for reliability and low maintenance costs.

Across the CF34 family, GE has delivered more than 7,000 engines and continuously invests in product enhancements. Today, CF34 engines are in service with more than 900 business jet operators all over the world. The CF34-3 engine powering the Bombardier Challenger Series has compiled an outstanding safety and reliability record, accumulated more than 12.1 million flight hours and 7.2 million cycles.

GE Aviation has more than 50 authorized service network sites across the globe for business and general aviation for M601, H80, CFM56, Passport and CF34 engines. This network enables customers to have access to OEM-quality service and support around the world.

More about MNG Jet

MNG Jet A.S. offers turnkey solutions in business jet maintenance, operation and charter services with a dynamic and competent staff. The company offers expert and meticulous services with a huge experience based on many years. MNG Jet offers charter services and allows a comfortable flight for its clients with their choice of plane and no time limitations. Expectations are met with an approach of unlimited services. For more information, visit www.mngjet.com

More about GE Aviation

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings. For more information, visit us at www.ge.com/aviation

(C) 2019 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
BOMBARDIER, INC. 1.14% 2.22 Delayed Quote.11.33%
GENERAL ELECTRIC COMPANY 1.64% 10.5 Delayed Quote.37.65%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GENERAL ELECTRIC COMPANY
08:35aAirbus demands chance to bid for IAG's surprise Boeing narrow-body order
RE
08:32aAirbus demands chance to bid for IAG's surprise Boeing narrow-body order
RE
07:12aAerospace executives look on bright side of United Tech, Raytheon deal
RE
05:52aAirbus, Engine Suppliers at Odds Over Plane Production
DJ
03:34aGENERAL ELECTRIC : GE, CFM Wrap Paris Air Show With Record $55 Billion In New De..
PU
01:09aFEELING SUPERSONIC : Jets Traveling At 1,150 MPH Get A Boost From Regulators
PU
06/19GENERAL ELECTRIC : S7 Airlines Signs GE TrueChoice Agreement for CF34 Engines
AQ
06/19GENERAL ELECTRIC : GE to Deliver Software for Energy Distribution Management to ..
AQ
06/19GLOBAL MARKETS LIVE : Viacom, Apple, Siemens, Boeing…
06/19EVERY BREATH YOU TAKE : Managing ventilation in the ICU with data
PU
More news
Financials ($)
Sales 2019 117 B
EBIT 2019 10 361 M
Net income 2019 4 596 M
Debt 2019 41 778 M
Yield 2019 0,39%
P/E ratio 2019 27,83
P/E ratio 2020 22,56
EV / Sales 2019 1,13x
EV / Sales 2020 1,13x
Capitalization 90 173 M
Chart GENERAL ELECTRIC COMPANY
Duration : Period :
General Electric Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends GENERAL ELECTRIC COMPANY
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 12,8 $
Spread / Average Target 23%
EPS Revisions
Managers
NameTitle
H. Lawrence Culp Chairman & Chief Executive Officer
Jamie S. Miller Chief Financial Officer & Senior Vice President
Victor Abate Chief Technology Officer & Senior Vice President
James J. Mulva Independent Non-Executive Director
William Geoffrey Beattie Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
GENERAL ELECTRIC COMPANY37.65%83 109
HONEYWELL INTERNATIONAL32.77%121 147
SIEMENS AG0.00%97 961
3M COMPANY-9.80%92 251
JARDINE MATHESON HOLDINGS LIMITED-8.20%47 996
ILLINOIS TOOL WORKS17.78%45 693