Wantstats
Company ProfilePremium

GE Aviation

Company Profile Analysis

Book DemoRegister Your Interest
ESOMAR 23 Corporate BadgeISO Certifications Badge
GE Aviation - Aerospace showcase

Year Founded & Workforce

1917

52,000 Employees

Industry

Aerospace

Services

Aviation Engine MRO
G

GE Aviation Employee Contacts

We don't hold contact details for this company yet — you can request them.

Request Employee Contacts

GE Aviation Overview

Company Headquarters: Cincinnati, Ohio, US

Founded: 1917

Workforce: ~52,000

Company Working: GE Aviation is an operating unit of General Electric (GE). GE is a multinational conglomerate that operates through five business segments, namely, power, renewable energy, aviation, healthcare, and capital. GE Aviation is a global provider of turboprop and jet engines, integrated systems, and components for general, military, commercial, and business aviation aircraft. The company also provides MRO services for commercial and military aircraft.

Strategy

Over the past few years, GE Aviation has been focused on strengthening its position in the Asia-Pacific aviation market. It strategizes to strengthen its position in the region by collaborating with various airlines based in the region.

Company Snapshot

$27,013M

Revenue

52,000

Employees

1917

Founded

Cincinnati, Ohio, US

Headquarters

SWOT Analysis

Strengths

  • Established presence in North America
  • Diverse service offerings

Weaknesses

  • Dependence on commercial aviation contracts

Opportunities

  • Growth opportunities in Asia-Pacific through mergers and acquisitions

Threats

  • Growing competition from companies such as Safran and Rolls-Royce Plc

Unlock Company Financials

Unlock this company profile to view its financial data.

View Subscription Plans

Key Developments

DateApproachDevelopment
February 2020AgreementAgreement GE Aviation signed a nine-year agreement with Japan Airlines (JAL) to provide TrueChoice Flight Hour services for the latter’s Boeing 787 international fleet.
November 2019AgreementGE Aviation signed an agreement with Sanad Aerotech, an engine MRO solution provider company based in the UAE. As per this agreement, the former provided performance restoration overhaul services on the GEnx-1B engine and quick turn overhaul services on CFM International's LEAP engines for GE Aviation.
November 2019AgreementSAFAIR expanded and extended its TrueChoice Overhaul agreement with GE Aviation. As per the agreement, GE Aviation provided maintenance, repair, and overhaul services for SAFAIR’s CFM56-7B engines equipped on its fleet of Boeing 737-800 aircraft.
November 2019AgreementGE Aviation signed a Memorandum of Understanding (MOU) with EGYPTAIR MAINTENANCE & ENGINEERING. Under the MoU, GE Aviation provided consultancy support to help enhance the efficiency of EGYPTAIR’s CFM56-7B overhaul processes.
November 2019AgreementGE Aviation signed a five-year agreement with LOT Polish Airlines to provide TrueChoice Overhaul service for the latter’s fleet of CF34-8E engines equipped on its 18 Embraer E170/175 aircraft.
September 2019Joint VentureGE Aviation collaborated with Lufthansa Technik, a provider of MRO services, to launch its new MRO venture, XEOS, in Poland. Through this joint venture, GE Aviation offered MRO services for GEnx-2B and GE9X engines. The launch of the new joint venture enabled the company to offer enhanced MRO services to its aviation customers and strengthen its position in the global aviation engine MRO market.
July 2019AgreementGE Aviation signed an agreement with Qatar Airways to provide engine MRO services for Qatar Airways GE9X engine fleet equipped on its 60 Boeing 777X aircraft.
June 2019AgreementGE Aviation signed an agreement with Nordic Aviation Capital (NAC). As per this agreement, GE Aviation provided MRO services to its CF34-10E lessees. The agreement enabled GE Aviation to strengthen its presence in the European aviation market.
June 2019AgreementEnvoy Air Inc. expanded its service agreement with GE Aviation. As per the agreement, GE Aviation provided MRO services for the former’s entire fleet of CF34-8E engines equipped on 84 Embraer E175 aircraft.
July 2018AgreementGE Aviation signed a 12-year agreement with Arkia Israeli Airlines to provide MRO services for its CF34-10E engines equipped on its three Embraer E190 aircraft.

Product Offering

  • GE Aviation
    • Aviation Engine MRO

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue rose from USD 27,013 Mn in 2017 to USD 32,875 Mn in 2019.
GE Aviation — By Business Segment
Series (USD Mn)201720182019
Revenue27,01330,56632,875

Unlock Company Financials

Unlock this company profile to view its financial data.

View Subscription Plans

Unlock Company Contacts

Connect with Key Decision-Makers

Access verified employee contacts and decision-maker information from this company to support your sales, lead generation, and business development efforts.

Get Contacts →