Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  General Electric Company    GE

GENERAL ELECTRIC COMPANY

(GE)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial 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. 0.00% 1.61 Delayed Quote.-20.69%
GENERAL ELECTRIC COMPANY -0.89% 8.96 Delayed Quote.18.36%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on GENERAL ELECTRIC COMPANY
10/17Exxon, Trafigura tap lower shipping rates as U.S.-Asia arb reopens
RE
10/17CFM International Finalizes Order for 26 LEAP Engines With Vistara
DJ
10/17GENERAL ELECTRIC : GE's Cross-Fleet Solutions to Help Global Paper Provider Redu..
AQ
10/17GENERAL ELECTRIC : GECAS and IAI Launch the 777-300ERSF Freighter Program
AQ
10/16PREMIER : GE Healthcare, Premier Inc. Team on One-Stop Breast Cancer Center Mode..
DJ
10/16NEWS HIGHLIGHTS : Top Company News of the Day
DJ
10/16NEWS HIGHLIGHTS : Top Company News of the Day
DJ
10/15GENERAL ELECTRIC : GE positioned to deliver for U.S. Army's Future Vertical Lift..
AQ
10/15DAVID CALHOUN : Boeing Turns to a Crisis Pro to Lead Board -- WSJ
DJ
10/14AM BESTTV : General Electric's Long-Term Care Exposure Casts Wide Shadow, Say AM..
AQ
More news
Financials (USD)
Sales 2019 116 B
EBIT 2019 10 700 M
Net income 2019 3 394 M
Debt 2019 43 993 M
Yield 2019 0,46%
P/E ratio 2019 20,1x
P/E ratio 2020 17,4x
EV / Sales2019 1,05x
EV / Sales2020 1,09x
Capitalization 78 195 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
TrendsNeutralNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 20
Average target price 10,78  $
Last Close Price 8,96  $
Spread / Highest target 56,3%
Spread / Average Target 20,3%
Spread / Lowest Target -44,2%
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 COMPANY18.36%78 195
HONEYWELL INTERNATIONAL INC.25.32%118 305
3M COMPANY-14.40%93 828
SIEMENS AG2.45%87 791
ILLINOIS TOOL WORKS INC.24.96%51 210
HITACHI, LTD.46.37%36 819