mjoelnir wrote:CFM is 50 % Safran and 50 % GE. That is a strong company.
GE itself is down the shit drain and selling off whatever sells to solve their liquidity crisis. The GE jet engine operation may be profitable, but what does that help if the whole company is loss making and in dire need of capital.
https://money.cnn.com/2017/11/20/invest ... index.html
Immelt's gone, and good riddance. Same Jack Welch tree as some clown called McNerney who may be known to readers of this board. Don't get me started on those two, and their business view. GE's new CEO Larry Culp is an outsider, and selling off everything except Power and Aviation divisions, raising lots of cash, and the stock is up about 70% in the last 3 months. I think they will be fine.
CFM will do a nice job on the NMA. Nothing crazy, just nice solid improvements. Half a generation enhancement is what I recall.