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Exclusive-Jet engine maker CFM studies plan B for next fuel-saving design, sources say [Yahoo! Finance Canada]

General Electric Company (GE)  More Company Research Source: Yahoo! Finance Canada
Last general electric company earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
The venture co-owned by GE Aerospace and France's Safran has ?been championing an open-rotor engine, featuring a large exposed fan instead of a traditional casing, as the most efficient and environmentally friendly architecture for the next series of Airbus and Boeing jets. It says this would generate fuel and emissions savings of 20% ?under a widely publicised research ?programme called RISE. But it is also looking in a more structured way than previously reported at a design where the fan ?would be contained inside a shell similar to casings on current engines. Experts say such designs save less fuel but can be more adaptable. The choice of technologies has potential ?implications not ?only for the efficiency of aircraft entering ?service around 2040, but the ?commercial strategies of Airbus and Boeing. The project to study the alternative architecture came to light in a Safran employee's job description seen by Reuters. The employee's duties include work on future civil [Read more]
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Stockreport

Exclusive-Jet engine maker CFM studies plan B for next fuel-saving design, sources say [Yahoo! Finance Canada]

General Electric Company  (GE) 
More Company Research Source: Yahoo! Finance Canada
Last general electric company earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
The venture co-owned by GE Aerospace and France's Safran has ?been championing an open-rotor engine, featuring a large exposed fan instead of a traditional casing, as the most efficient and environmentally friendly architecture for the next series of Airbus and Boeing jets. It says this would generate fuel and emissions savings of 20% ?under a widely publicised research ?programme called RISE. But it is also looking in a more structured way than previously reported at a design where the fan ?would be contained inside a shell similar to casings on current engines. Experts say such designs save less fuel but can be more adaptable. The choice of technologies has potential ?implications not ?only for the efficiency of aircraft entering ?service around 2040, but the ?commercial strategies of Airbus and Boeing. The project to study the alternative architecture came to light in a Safran employee's job description seen by Reuters. The employee's duties include work on future civil [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GE
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Price Change %
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%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
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Low:
%
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%
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%
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%
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EVENT DAY
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PERFORMANCE SINCE EVENT
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