GE Aerospace is set to invest more than $1 billion into its maintenance, repair and overhaul (MRO) and component repair facilities worldwide over a period of five years.
“Our customers are experiencing strong air travel demand, and we are investing to increase our capacity and efficiency so we can meet their growing needs and keep their planes flying safely and reliably,” said Russell Stokes, president and CEO of commercial engines and services at GE Aerospace.
“With this major investment, we are reinforcing our longstanding focus on safety, quality, and delivery for our customers and the flying public.”
The largest portion of the billion dollar investment will support growing demand for CFM LEAP* engines, as the fleet continues to mature and expand with more than 3,300 LEAP-powered aircraft in service and more than 10,000 additional engines currently in backlog
GE Aerospace set to invest $1bn to expand and upgrade MRO facilities
