GE Tells Boeing It Won't Share 797 Engines With Two Arch-Rivals

General Electric Co., the world’s biggest jet-engine maker, said it’s not prepared to share turbine production on Boeing Co.’s planned middle-of-market plane with its two global rivals. Should Boeing opt for multiple suppliers, “we’re out,” David Joyce, head of GE’s aero-engines arm, said at the Paris Air Show, adding that his company still carries “scars” from being one of three engine providers on the Airbus SE A330 plane two decades ago. While GE and U.S. rival Pratt & Whitney are working on engines for the proposed Boeing plane, Rolls-Royce Holdings Plc is also targeting the program as a way into the higher-volume market for smaller aircraft after focusing on wide-body models since 2011. GE’s CFM International joint venture with France’s Safran SA secured exclusivity for its Leap engine on Boeing’s upgraded 737 Max range of planes in 2011.

• AIRSHOW-GE says planemakers calling for more CFM engines

  Reuters
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  Boeing, Airbus to battle it out at Paris Air Show

  AFP