One program that GE Aviation expects will migrate from its commercial powerplant side to its business aircraft engine division is its myEngines offering. A series of digital smartphone applications aimed at helping operators better manage their engine fleets and improve productivity, the program was started in 2010 for commercial customers. Its engine monitoring function can send alerts from aircraft in flight, notifying maintenance departments of potential problems.
Schenectady, New York
GE Aviation Systems has been quietly making the most of the downturn to plan an assault on aerospace markets dominated by other companies.
GE Aviation plans to create an Electrical Power Integrated Systems Research & Development Center near Dayton, Ohio, to research more-electric aircraft systems. The center, which will also explore other non-aviation uses of more-electric technology, is expected to open in 2012.
GE Aviation has named Laura Schreibeis customer support director
The International Association of Machinists and Aerospace Workers (IAM) has accused General Electric Aviation of failing to seriously consider viable proposals that would have preserved the GE Aviation facility in Albuquerque, N.M. “Despite a legal obligation to weigh alternatives, it is clear the decision by GE to close this plant was made long ago,” said Ernest “Red” Dow, Local 794 president and directing business representative.
After 28 years with General Electric Lorraine Bolsinger took over as president and CEO of GE Aviation Systems in October 2008. What a time to take the reins at a top-tier aerospace supplier, with the civil side of its business facing its most serious downturn in several generations.
The newly formed Timken Aerospace Aftermarket Solutions business unit is at Heli-Expo this week (Booth No. 3718) to discuss its expanded capabilities brought about by Timken’s acquisition last October of the Arizona turbine engine parts manufacturing firm Extex.
Timken has acquired assets of Gilbert, Ariz.-based Extex, which specializes in manufacturing FAA-approved aftermarket parts for turbine engines. During its 13 years of operation, Extex expanded its portfolio of parts manufactured under FAA parts manufacturer approval (PMA) regulations to serve three powerplant lines–the Pratt & Whitney Canada PT6, Honeywell auxiliary power units and the Rolls-Royce 250.
CIT Group has sold most of its corporate aircraft financial business to GE Commercial Finance. The transaction includes approximately $700 million in loans and $200 million in leases on 380 business jets, turbo props and helicopters.
General Electric implemented a policy that requires its vice chairmen to personally pay for any trips–personal or business–on company aircraft once their travel expenses have cost the company $200,000 a year, according to a June 21 filing with the Securities and Exchange Commission.