PRESS RELEASE SMBC Aviation Capital Orders Additional CFM

Total Page：16

File Type：pdf, Size：1020Kb

AIRCRAFT ENGINES PRESS RELEASE SMBC Aviation Capital orders additional CFM LEAP-1A Engines COMPANY NOW HAS 55 AIRCRAFT ON ORDER WITH LEAP-1A ENGINES LE BOURGET, France — 17 June 2019 — SMBC Aviation Capital, one of the world's largest aircraft leasing companies, announced it has ordered forty CFM International LEAP-1A engines to power 20 additional Airbus A320neo aircraft. The engine order is valued at $588 million U.S. at list price. A long-time CFM customer, Dublin-based SMBC Aviation Capital currently has a fleet of more than 350 aircraft powered by CFM56 and LEAP engines in service or on order. Our customers are very satisfied with the LEAP-1A engines in their fleets. This engine is delivering everything CFM promised and has become a valuable asset. Peter Barrett, CEO of SMBC Aviation Capital The LEAP-1A engine is providing operators with a 15 percent improvement in fuel consumption and CO2 emissions, along with dramatic reductions in engine noise and exhaust gaseous emissions. All this technology is focused on providing better utilization, including CFM's legendary reliability out of the box; greater asset availability; enhanced time on wing margins to help keep maintenance costs low; and minimized maintenance actions, all supported by sophisticated analytics that enable CFM to provide tailored, predictive maintenance over the life of the product. About SMBC Aviation Capital SMBC Aviation Capital is one of the world's leading aircraft lessors, with 86 airline customers in 40 countries. At 31 March 2019, the company owns, manages and is committed to purchase 729 aircraft. Established in 2001, the company was acquired in 2012 by a consortium comprising of two of Japan's biggest companies SMFG and Sumitomo Corporation. For further information go tohttps://www.smbc.aero/ Safran is an international high-technology group and tier-1 supplier of systems and equipment in the Aerospace and Defense markets. Operating worldwide, Safran has nearly 58,000 employees and generated sales of 15.8 billion euros in 2016. Working alone or in partnership, Safran holds world or European leadership positions in its core markets. Safran undertakes Research & Development programs to meet fast-changing market requirements, with total R&D expenditures of 1.7 billion euros in 2016. Safran is listed on the Euronext Paris stock exchange, and its share is part of the CAC 40 and Euro Stoxx 50 indices. Safran Aircraft Engines designs, produces, sells, alone or in partnership, commercial and military aircraft engines offering world-class performance, reliability and environmental-friendliness. Through CFM International*, Safran Aircraft Engines is the world's leading supplier of engines for short and medium-haul commercial jets. *CFM is a 50/50 joint company between Safran Aircraft Engines and GE For more information: www.safran-group.com and www.safran-aircraft-engines.com / Follow @Safran and @SafranEngines on Twitter JAMIE JEWELL, : [email protected] / T +1 513.885.2282, Charles Soret, : [email protected] / T +33 6.31.60.96.79, .

Copy Link

Recommended publications

Records Fall at Farnborough As Sales Pass $135 Billion
ISSN 1718-7966 JULY 21, 2014 / VOL. 448 WEEKLY AVIATION HEADLINES Read by thousands of aviation professionals and technical decision-makers every week www.avitrader.com WORLD NEWS More Malaysia Airlines grief The Airbus A350 XWB The US stock market fell sharply was a guest on fears of renewed hostilities of honour at after the news that a Malaysian Farnborough Airlines flight was allegedly shot (left) last week down over eastern Ukraine, with as it nears its service all 298 people on board reported entry date dead. US vice president Joe Biden with Qatar said the plane was “blown out of Airways later the sky”, apparently by a surface- this year. to-air missile as the Boeing 777 Airbus jet cruised at 33,000 feet, some 1,000 feet above a closed section of airspace. Ukraine has accused Records fall at Farnborough as sales pass $135 billion pro-Russian “terrorists” of shoot- Airbus, CFM International beat forecasts with new highs at UK show ing the plane down with a Soviet- era SA-11 missile as it flew from The 2014 Farnborough Interna- Farnborough International Airshow: Major orders* tional Airshow closed its doors Amsterdam to Kuala Lumpur. Airframer Customer Order Value¹ last week safe in the knowledge Boeing 777 Qatar Airways 50 777-9X $19bn Record show for CFM Int’l that it had broken records on many fronts - not least on total Boeing 777, 737 Air Lease 6 777-300ER, 20 737 MAX $3.9bn CFM International, the 50/50 orders and commitments for Air- Airbus A320 family SMBC 110 A320neo, 5 A320 ceo $11.8bn joint company between Snec- bus and Boeing aircraft, which ma (Safran) and GE, celebrated Airbus A320 family Air Lease 60 A321neo $7.23bn hit a combined $115.5bn at list record sales worth some $21.4bn Embraer E-Jet Trans States 50 E175 E2 $2.4bn prices for 697 aircraft - over 60% at Farnborough.
[Show full text]
ISSEK HSE) Role of Big Data Augmented Horizon Scanning in Strategic and Marketing Analytics
National Research University Higher School of Economics Institute for Statistical Studies and Economics of Knowledge Big Data Augmented Horizon Scanning: Combination of Quantitative and Qualitative Methods for Strategic and Marketing Analytics [email protected] [email protected] XIX April International Academic Conference on Economic and Social Development Moscow, 11 April 2018 Outline - Role of artificial intelligence and big data in modern analytics - System of Intelligent Foresight Analytics iFORA - Combined quantitative and qualitative analysis methodology and software solutions - Use cases - Conclusion and discussion 2 Growing interest in Artificial Intelligence, Big Data and Machine Learning International analytical reports & news feed 12000 10000 8000 Artificial Intelligence 6000 Big Data Machine Learning 4000 2000 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Russian analytical reports & news feed 800 700 600 500 Artificial Intelligence 400 Big Data 300 Machine Learning 200 100 0 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 3 Source: System of Intelligent Foresight Analytics iFORA™ (ISSEK HSE) Role of Big Data Augmented Horizon Scanning in Strategic and Marketing Analytics AI-related tasks Tracking latest and challenges trends, technologies, drivers, barriers Market forecasting Trend analysis Understanding S&T modern skills and Instruments for Customers Market Intelligence competences analysis feedback knowledge discovery HR policy Vacancy Feedback mining
[Show full text]
Propulsione Aeronautica 2020/2021 Francesco Barato
PROPULSIONE AERONAUTICA 2020/2021 FRANCESCO BARATO MATERIALE DI SUPPORTO FONDAMENTI DI PROPULSIONE AERONAUTICA Thrust 푇 = (푚̇ 푎 + 푚̇ 푓)푉푒 − 푚̇ 푎푉0 + (푝푒 − 푝푎)퐴푒 푇 ≈ 푚̇ 푎(푉푒 − 푉0) + (푝푒 − 푝푎)퐴푒 1 PROPULSIONE AERONAUTICA 2020/2021 FRANCESCO BARATO Ramjet P-270 Moskit (left), BrahMos (right) Turboramjet Pratt & Whitney J-58 turbo(ram)jet 2 PROPULSIONE AERONAUTICA 2020/2021 FRANCESCO BARATO Scramjet 3 PROPULSIONE AERONAUTICA 2020/2021 FRANCESCO BARATO Specific impulse 푇 푉푒 푇 푚̇ 푝 푉푒 − 푉0 퐼푠푝 = = [푠] 푟표푐푘푒푡푠 퐼푠푝 = = [푠] 푎푟 푏푟푒푎푡ℎ푛푔 푚̇ 푝푔0 푔0 푚̇ 푓푔0 푚̇ 푓 푔0 4 PROPULSIONE AERONAUTICA 2020/2021 FRANCESCO BARATO Propulsive efficiency Overall efficiency Overall efficiency with Mach number 5 PROPULSIONE AERONAUTICA 2020/2021 FRANCESCO BARATO Engine bypass ratios Bypass Engine Name Major applications ratio turbojet early jet aircraft, Concorde 0.0 SNECMA M88 Rafale 0.30 GE F404 F/A-18, T-50, F-117 0.34 PW F100 F-16, F-15 0.36 Eurojet EJ200 Typhoon 0.4 Klimov RD-33 MiG-29, Il-102 0.49 Saturn AL-31 Su-27, Su-30, J-10 0.59 Kuznetsov NK-144A Tu-144 0.6 PW JT8D DC-9, MD-80, 727, 737 Original 0.96 Soloviev D-20P Tu-124 1.0 Kuznetsov NK-321 Tu-160 1.4 GE Honda HF120 HondaJet 2.9 RR Tay Gulfstream IV, F70, F100 3.1 GE CF6-50 A300, DC-10-30,Lockheed C-5M Super Galaxy 4.26 PowerJet SaM146 SSJ 100 4.43 RR RB211-22B TriStar 4.8 PW PW4000-94 A300, A310, Boeing 767, Boeing 747-400 4.85 Progress D-436 Yak-42, Be-200, An-148 4.91 GE CF6-80C2 A300-600, Boeing 747-400, MD-11, A310 4.97-5.31 RR Trent 700 A330 5.0 PW JT9D Boeing 747, Boeing 767, A310, DC-10 5.0 6 PROPULSIONE
[Show full text]
Vysoké Učení Technické V Brně
VYSOKÉ UČENÍ TECHNICKÉ V BRNĚ BRNO UNIVERSITY OF TECHNOLOGY FAKULTA STROJNÍHO INŽENÝRSTVÍ ÚSTAV AUTOMOBILNÍHO A DOPRAVNÍHO INZENYRSTVÍ FACULTY OF MECHANICAL ENGINEERING INSTITUTE OF AUTOMOTIVE ENGINEERING ZLEPSOVANI BRAYTONOVA OBEHU LETECKYCH PLYNOVYCH TURBIN Improving of Brayton Cycle For Aero Gas Engine BAKALÁŘSKÁ PRÁCE BACHELOR´S THESIS AUTOR PRÁCE RODRIGO ACEVEDO AUTHOR VEDOUCÍ PRÁCE ING. MIROSLAV ŠPLÍCHAL SUPERVISOR BRNO 2012 1 Vysoké učení technické v Brně, Fakulta strojního inženýrství Ústav automobilního a dopravního inženýrství Akademický rok: 2011/2012 ZADÁNÍ BAKALÁŘSKÉ PRÁCE student(ka): Rodrigo Acevedo který/která studuje v bakalářském studijním programu obor: Stavba strojů a zařízení (2302R016) Ředitel ústavu Vám v souladu se zákonem č.111/1998 o vysokých školách a se Studijním a zkušebním řádem VUT v Brně určuje následující téma bakalářské práce: Zlepšování Braytonova oběhu leteckých plynových turbín v anglickém jazyce: Improving of Brayton cycle for aero gas turbine Stručná charakteristika problematiky úkolu: Popsat ideální a skutečný oběh leteckých plynových turbín. Rozbor vlivu zařazení mezistupňového chlazení a regenerace. Popis realizace zlepšení parametrů oběhu u leteckých turbín. Cíle bakalářské práce: Rešerše parametrů oběhu aktuálně používaných leteckých plynových turbín. Rozbor termické účinnosti oběhu leteckých plynových turbín a návrh možných zlepšení. 2 Seznam odborné literatury: OTT, Adolf. Pohon letadel. první. Brno : Nakladatelství Vysokého učení technického v Brně, 1993. 168 s. ISBN 80-214-0522-8. ADAMEC, Josef; KOCÁB, Jindřich. Letadlové motory. Vyd. 2. Praha : Corona, 2008. ISBN 978-808-6116-549 WARD, Thomas A.; Aerospace propulsion systems, Sinagaporse : John Wiley & Sons, 2010, ISBN 978-0-470-82497-9 Vedoucí bakalářské práce: Ing. Miroslav Šplíchal Termín odevzdání bakalářské práce je stanoven časovým plánem akademického roku 2011/2012.
[Show full text]
We Want to Continue Innovating, Finding Newer Ways to Delight Our Customers and Redefine Air Travel.” — LESLIE THNG, CHIEF EXECUTIVE OFFICER, VISTARA
FIRST BIOFUEL CIVIL AIRCRAFT SHOW POWERED FLIGHT MANUFACTURING REPORT: IN INDIA IN INDIA FIA 2018 P 11 P 16 P 22 AUGUST-SEPTEMBER 2018 `100.00 (INDIA-BASED BUYER ONLY) VOLUME 11 • ISSUE 4 WWW.SPSAIRBUZ.COM ANAIRBUZ EXCLUSIVE MAGAZINE ON CIVIL AVIATION FROM INDIA EXCLUSIVE PAGE 8 “we wANT TO CONTINUE INNOVATING, FINDING NEWER WAYS TO DELIGHT OUR CUSTOMERS AND REDEFINE AIR TRAvel.” — LESLIE THNG, CHIEF EXECUTIVE OFFICER, VISTARA AN SP GUIDE PUBLICATION RNI NUMBER: DELENG/2008/24198 TABLE OF CONTENTS EXCLUSIVE COVER STORY / INTERVIEW P8 “we’re not chasing the COMPETITION, BUT CREATING A Cover: FIRST BIOFUEL CIVIL AIRCRAFT SHOW “Vistara has naturally inherited POWERED FLIGHT MANUFACTURING REPORT: IN INDIA IN INDIA FIA 2018 UNIQUE SPACE FOR OURSELVES IN P 11 P 16 P 22 very strong values and stands the market” AUGUST-SEPTEMBER 2018 `100.00 (INDIA-BASED BUYER ONLY) VOLUME 11 • ISSUE 4 committed to delivering WWW.SPSAIRBUZ.COM ANAIRBUZ EXCLUSIVE MAGAZINE ON CIVIL AVIATION FROM INDIA EXCLUSIVE In an exclusive interview with Jayant customer-centricity at every PAGE 8 “WE WANT touchpoint,”says Leslie Thng, TO CONTINUE Baranwal, Editor-in-Chief of SP’s INNOVATING, FINDING CEO, Vistara, in an exclusive NEWER WAYS AirBuz, Leslie Thng, Chief Executive TO DELIGHT OUR CUSTOMERS with SP’s AirBuz. AND REDEFINE AIR TRAVEL.” Officer of Vistara shares his optimism — LESLIE THNG, CHIEF EXECUTIVE OFFICER, Cover Photograph: VISTARA AN SP GUIDE PUBLICATION and outlines his vision and plans for Vistara RNI NUMBER: DELENG/2008/24198 the future growth of the airlines. SP's AirBuz Cover 4-2018.indd 1 18/09/18 4:43 PM POLICY / AIR INDIA P14 AIR INDIA DISINVESTMENT Debate on Air India disinvestment though, has been on for over two decades and the failed attempt at disinvestment earlier this year, was an anticlimactic episode in the ongoing saga.
[Show full text]
Development of a Forecast Model for Global Air Traffic Emissions
Forschungsbericht 2012-08 Development of a Forecast Model for Global Air Traffic Emissions Martin Schaefer Deutsches Zentrum für Luft- und Raumfahrt Institut für Antriebstechnik Köln 235 Seiten 137 Bilder 70 Tabellen 133 Literaturstellen Development of a Forecast Model for Global Air Traffic Emissions Dissertation zur Erlangung des Grades Doktor-Ingenieur der Fakultät für Maschinenbau der Ruhr-Universität Bochum von Martin Schaefer aus Nürnberg Bochum 2012 Dissertation eingereicht am: 07. März 2012 Tag der mündlichen Prüfung: 29. Juni 2012 Erster Referent: Prof. Dr.-Ing. Reinhard Mönig (Ruhr-Universität Bochum) Zweiter Referent: Prof. Dr. rer. nat. Johannes Reichmuth (RWTH Aachen) PAGE I CONTENTS LIST OF FIGURES............................................................................. V LIST OF TABLES ............................................................................. XI LIST OF ABBREVIATIONS...............................................................XIV PREFACE.....................................................................................XIX 1 EXECUTIVE SUMMARY ......................................................................1 1.1 Objectives of this Study ..............................................................................................1 1.2 Abstract of Methodology .............................................................................................1 1.3 Summary of Results ...................................................................................................4 1.3.1 Overview
[Show full text]
C Series A320neo
STEP-CHANGE Bombardier Airbus www.commercialaircraft.bombardier.com www.airbus.com C SERIES A320NEO BOMBARDIER’S ALL-NEW C SERIES AIRCRAFT, WHICH SEATS THE A320NEO (NEW ENGINE OPTION) IS THE LATEST OF MANY 100-150 PEOPLE, WAS DESIGNED AND PURPOSE-BUILT WITH PRODUCT UPGRADES AS AIRBUS CONTINUES TO INVEST OVER EFFICIENCY IN MIND AND WITH IMPRESSIVE CO2 SAVINGS $330 MILLION A YEAR IN INNOVATION AND UPGRADES FOR THE COMPARED TO THE AIRCRAFT IT REPLACES. A320 FAMILY. COMING IN THREE SIZES (A319NEO, A320NEO, A321NEO), THE AIRCRAFT SEAT FROM 100 TO 240 PASSENGERS. Composed of the CS100 and the larger CS300 aircraft, the The new aircraft’s test and certification campaign is in full gear C Series family combines a number of factors to ensure a following the milestone first flights performed with each of the dramatically-reduced environmental footprint, resulting in a highly-efficient aircraft’s two engine options: Pratt & Whitney 20% increase in fuel efficiency. PurePower PW1000G and the CFM International LEAP-1A. Thanks to the use of advanced structural materials, with an The first A320neo aircraft commenced the flight test advanced aluminium fuselage and composites wings, nacelle programme with a September 2014 maiden flight. Airbus and rear fuselage, nearly a tonne of weight has been saved. has sold almost 4,000 of the aircraft to over 70 different The aircraft’s structure has also been designed to provide customers, ensuring that airlines are getting the most the maximum aerodynamics, thereby reducing drag. Using fuel efficient aircraft in their fleets. Key innovations of the computer modelling programmes and advanced wind tunnel A320neo include latest-generation engines, Sharklet large testing, Bombardier has produced an aircraft family that is as wingtip devices and multiple cabin improvements.
[Show full text]
Development of a Propulsion Model for a MDO Framework: Mission-Based Optimization
Development of a Propulsion Model for a MDO Framework: Mission-based Optimization José Ricardo Teixeira Fernandes Thesis to obtain the Master of Science Degree in Aerospace Engineering Supervisors: Prof. Fernando José Parracho Lau Dr. José Lobo do Vale Prof. Michele Ferlauto Examination Committee Chairperson: Prof. João Manuel Lage de Miranda Lemos Supervisor: Prof. Fernando José Parracho Lau Member of the Committee: Prof. Filipe Szonolky Ramos Pinto Cunha November 2015 ii In thrust we trust. iii iv Acknowledgments I would like to start by expressing my gratitude to my supervisor Professor Fernando Lau, for all his support and careful attention on reading and correcting the drafts of my thesis. Also to him and to Professor Afzal Suleman for the possibility of working in this project. To my co-supervisor Dr. Jose´ Vale and to Dr. Frederico Afonso I am grateful for constant attention and availability for helping on every single difficulty as well as contributing to the good working environment that they created right from the first moment. My gratitude to my supervisor Professor Michele Ferlauto from the Politecnico di Torino for his review on the work developed and for its support on dealing with all the paperwork and bureaucracy needed for finalizing the thesis at PoliTO. Then a special thanks to Jose´ Oliveira, with whom I could share closely this thesis work development and who was always the first helping source for any difficulty. Also to David Brandao˜ which in a later phase helped me by reading and correcting my drafts. Lastly, I would like to express my gratitude to my family for their unconditional support and care along this complete journey and to my friends for all the good moments.
[Show full text]
The Benefits of Additive Manufacturing and Its Use by General Electric for Aeroengine Applications
Session C3 8155 Disclaimer—This paper partially fulfills a writing requirement for first year (freshman) engineering students at the University of Pittsburgh Swanson School of Engineering. This paper is a student, not a professional, paper. This paper is based on publicly available information and may not provide complete analyses of all relevant data. If this paper is used for any purpose other than these authors’ partial fulfillment of a writing requirement for first year (freshman) engineering students at the University of Pittsburgh Swanson School of Engineering, the user does so at his or her own risk. THE BENEFITS OF ADDITIVE MANUFACTURING AND ITS USE BY GENERAL ELECTRIC FOR AEROENGINE APPLICATIONS William Gleeson, [email protected], Mena 10:00, Jeffrey Hirsch, [email protected], Mandala 2:00 Abstract—Additive manufacturing (AM), more commonly ADDITIVE MANUFACTURING: A YOUNG known as 3D printing, is the future of manufacturing, repair, AND PROMISING TECHNOLOGY and maintenance and has even been described as "the Third Industrial Revolution" by the Journal of Minerals, Metals, and Every so often, a technology comes around that changes the Material Society (JOM). This is due to the undeniable the shape of society and ushers the way for further benefits of AM in speed, efficiency, material waste reduction, advancements. The industrial revolution gave people an and the ability to produce intricate structures. The AM process extensive supply of clothes, furniture, and other goods at a gets its name from the fact that it adds material, unlike reasonable cost, sparking a culture of consumerism that has traditional machining and lathing, which involve material been growing for centuries.
[Show full text]
Defence & Aviation
II/2017 Aerospace & Defence Review Interview with CAS Aero India 2017 : In Perspective An Advanced Hawk Vayu flies Gripen India’s Aviation Industry The Air at Yelahanka II/2017 II/2017 Aerospace & Defence Review Road map for Future An Advanced Hawk Air Enthusiasts Monami Guha Das 27 and Debaditya Das write on and IAF Fighters photograph “the beauties in the skies” at Aero India 2017. Interview with CAS Aero India 2017 : In Perspective The Air at Yelahanka An Advanced Hawk 62 Vayu flies Gripen India’s Aviation Industry The Air at Yelahanka Still, the Hawk Advanced Jet Trainer Cover : Hawk Mk.132s of the IAF’s Surya was much in evidence at Yelahanka, Kiran Formation Aerobatic Team both in the air and on the ground with (Photo courtesy IAF/HAL) HAL-built Hawk Mk.132s of the Surya Kiran Formation Aerobatic Team (SKAT) DITORIAL ANEL performing daily, even as the Advanced E P Hawk “for India and the World” had MANAGING EDITOR pride of place. The joint BAE-HAL AFS Yelahanka, where the biennial Vikramjit Singh Chopra development includes a new more powerful engine (Adour Mk.951), and Aero India international air shows have EDITORIAL ADVISOR a completely redesigned wing with been held since the 1990s, is nearing its Platinum Jubilee since its establishment. Admiral Arun Prakash leading edge slats and updated ‘combat In an exclusive interview with the Vayu, flaps’ which significantly expands the Joseph Antony recalls its chequered EDITORIAL PANEL Air Chief Marshal BS Dhanoa, Chief of aircraft’s envelope. history. Its origins lie in the early 1940s when Italian POWs were engaged to Pushpindar Singh the Air Staff IAF articulates on major thrust areas for the IAF over the next build its runways and other facilities Air Marshal Brijesh Jayal few years and comments on the road 42 Some highlights of to the time it was resurrected post Dr.
[Show full text]
Single Aisle Re-Engine Program
The Coming Narrow-Body Re-Engining Programs for the A320 and 737NG Families The alternative to new aircraft programs Analysts: Ernest Arvai, Scott Hamilton & Addison Schonland December 2009 Table of Contents Executive Summary .................................................................................................... 2 The implications of these headlines: .......................................................................... 2 OEMs Face Major Challenges........................................................................................ 4 The Game of Leap Frog ............................................................................................ 6 Airlines Want Improvements Yesterday ...................................................................... 8 Airbus will Take the First Step ................................................................................ 9 Boeing will be Forced to Follow ............................................................................... 9 The Candidate Engines ................................................................................................ 9 Pratt & Whitney PurePower ..................................................................................... 10 CFM Leap-X .......................................................................................................... 11 Rolls-Royce RB285 ................................................................................................ 11 Summary .........................................................................................................
[Show full text]
Global Commercial Aero Turbofan Engine Market, Supply Chain and Opportunities: 2012 - 2017
Creating the Equation for Growth Global Commercial Aero Turbofan Engine Market, Supply Chain and Opportunities: 2012 - 2017 Lucintel Brief December 6, 2012 Lucintel 1320 Greenway Dr., Suite 870, Irving, TX 75038, USA. Tel: +1-972-636-5056, E-mail: [email protected] Copyright © Lucintel Speaker Details Joseph Fritz, MBA, Vice President Research and Operations With over 25 years’ experience in the Aerospace and Defense Industry, Mr. Joseph E. Fritz Fritz holds international responsibility for project development, market Vice President research, industry analysis, economic studies, company profiling and Research and Operations consulting at Lucintel. Over the course of his career, Mr. Fritz has held aerospace management positions spanning three continents and was affiliated with a number of prestigious tier 1 and tier 2 aerospace manufacturers, including General Electric, Alcoa Howmet Castings and the Doncasters Group Ltd. A graduate of the University of Connecticut School of Engineering, Mr. Fritz held design responsibility for several defense programs, including the Trident II Fire Control System and the Phalanx Close-In Weapons System. After completing his post graduate studies at Union College, he went onto manage numerous programs at the tier 2 level. These included PW4000, GE90 and the RR Trent family of engines. Additionally, he has made significant contributions the Joint Strike Fighter, Boeing’s 787 Dreamliner, Airbus 380 and the M1 Abrams tank programs. Creating the Equation for Growth 2 Table of Contents • Executive Summary • Market Analysis of Commercial Turbofan Engine Industry • Supply Chain Analysis of Commercial Turbofan Engine Industry • Technology Trend and Future of Commercial Turbofan Engine Industry • Growth Opportunities and Emerging Trends • About Lucintel Creating the Equation for Growth 3 Executive Summary • Commercial aero turbofan engine on new airframe deliveries totaled 1,862 units in 2011.
[Show full text]