GE Aerospace

GE Aerospace, a subsidiary of General Electric, is headquartered in Evendale, Ohio, outside Cincinnati. GE Aerospace is among the top aircraft engine suppliers, and offers engines for the majority of commercial aircraft. GE Aerospace is part of the General Electric conglomerate, which is one of the world's largest corporations. The division operated under the name of General Electric Aircraft Engines (GEAE) until September 2005, and as GE Aviation until July 2022. GE Aerospace's main competitors in the engine market are Pratt & Whitney and Rolls-Royce. Not only does GE Aerospace manufacture engines under its umbrella, it also partners with other manufacturers. CFM International, the world’s leading supplier of aircraft engines and GE’s most successful partnership, is a 50/50 joint venture with the French company Safran Aircraft Engines. As of 2019, CFM International holds 39% of the world's commercial aircraft engine market share (while GE Aerospace itself holds a further 16%). GE and Safran also operate another joint venture, CFM Materials. In July 2022, GE Aviation changed its name to GE Aerospace in a move executives say reflects the engine maker's intention to broaden its focus beyond aircraft engines. GE Aerospace will also subsume the parent General Electric company, after it has completed the divestiture of GE HealthCare and GE Vernova (its energy businesses division) in 2023 and 2024, respectively. History