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Paris Air Show Nets Billions In Sales For GE Aviation

By Christina Haley O'Neal, posted Jun 22, 2017
GE Aviation and its joint venture companies announced Thursday that it had more than $31 billion in orders and commitments at this week's Paris Air Show.

According to a news release from GE Aviation, the 2017 International Paris Air Show, which started June 19 and ends Sunday, is the aerospace industry's largest trade event with 2,300 international exhibitors, 150,000 trade visitors and about 30 national pavilions.

Orders and commitments came from more than 30 airlines and aircraft lessors and expanded GE Aviation's orderbook by more than 1,700 engines, the release said.

That includes record orders for the new CFM LEAP Engine, which powers the new Boeing 737MAX and Airbus A320neo families of single-aisle aircraft.

The LEAP orderbook now stands at more than 14,000 engines, officials said in the release. More than 36,000 GE and CFM engines are in commercial service worldwide.

North Carolina plays an important role in the LEAP program, according to GE. GE Aviation's North Carolina facilities, including the one in Wilmington, employ 1,690 people combined, making up about one-third of GE's total statewide employee base of 4,640.

GE Aviation's plants in Wilmington and West Jefferson produce internal components for the LEAP and other GE engines.

GE's Asheville plant is the aerospace industry's first facility to produce ceramic matrix composite components, which are lighter, stronger and more heat resistant than the metal parts they replace, according to GE officials. And in Durham, the company's facility there is the final assembly site for the LEAP-1B, GEnx, and GE90 engines.

A recent report calculated GE's total direct and indirect economic impact on the state at more than $7.1 billion annually.

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