Investor Presentaiton
New engine demand driven by airframer build rates,
underpinned by long-term industry health
Aircraft production-a)
Total engine shipments-a)
2,000
1,500
1,000
•
500
2022
Mid-teens CAGR
4,000
3,000
2023E
2024F
2,000
1,000
Mid-20s CAGR
GE Aerospace
0
2025F
2022
2023E
2024F
2025F
■CFM56 ■LEAP ■CF34 & Other
■GE90, GEnx, CF6 & Other
■Total
■ Airbus ■Boeing Embraer Bombardier Total
Robust production driven by cyclical recovery, fleet renewal
& long-term global demand
Broad-based demand increases across all customers /
products
• Hard capacity largely in place, hiring on track to meet
demand... partnering with suppliers to secure material inputs
•
Building spare engines to support customer fleet stability,
typically ~10% to install ratio but varies
(a - Excludes aircraft families not powered by GE, CFM, or EA engines; source: GE internal estimates
CFM is a 50/50 Joint Venture between GE & Safran Aircraft Engines; Engine Alliance is a 50/50 JV between GE & Pratt & Whitney
2023 GE INVESTOR CONFERENCE 30View entire presentation