Test flight signals larger GE, Boeing FAA role
An American Airlines flight last week became the first in the U.S. to land using an approach designed by a private company, which may lead to a larger role for business in crafting routes for the government.
Flight 1916 from Dallas landed at Bradley International Airport near Hartford, Connecticut, on Thursday, guided by procedures written by General Electric Co.'s Naverus unit. The flight shows companies can speed the redesign of routes, helping carriers save time and fuel, said Brian Will, director of airspace modernization at AMR Corp.'s American.
"We will use this all the time," Will, who flew American's Boeing Co. 737-800 to Connecticut, said of the landing approach in an interview. "It's a benefit to us."
Showing posts with label Boeing 737. Show all posts
Showing posts with label Boeing 737. Show all posts
Monday, August 30, 2010
Monday, August 2, 2010
Recent GE Acquisition and Partnerships
G.E. and Intel Form Health Venture
General Electric and Intel said on Monday that they had formed a joint venture to create products for patients with chronic diseases and for elderly people at home or in assisted living.
The 50-50 venture is part of a collaboration begun last year, the companies said in a statement that did not elaborate on the terms. G.E. will contribute its home health unit’s assets and Intel will contribute its digital health group’s assets, the companies said.
GE acquires ECS from SNC-Lavalin
General Electric Co. bought Montreal-based SNC-Lavalin's Energy Control Systems business and its network management and control software for an undisclosed amount.ECS makes software to improve power efficiency and reliability. Its headquarters will remain in Montreal and it will keep its staff.
GE joint venture engine gets joint certification from FAA, Europe
The advanced engine developed by a GE Aviation venture for the Boeing Next Generation 737 aircraft received joint certification from U.S. and European safety agencies.
General Electric and Intel said on Monday that they had formed a joint venture to create products for patients with chronic diseases and for elderly people at home or in assisted living.
The 50-50 venture is part of a collaboration begun last year, the companies said in a statement that did not elaborate on the terms. G.E. will contribute its home health unit’s assets and Intel will contribute its digital health group’s assets, the companies said.
GE acquires ECS from SNC-Lavalin
General Electric Co. bought Montreal-based SNC-Lavalin's Energy Control Systems business and its network management and control software for an undisclosed amount.ECS makes software to improve power efficiency and reliability. Its headquarters will remain in Montreal and it will keep its staff.
GE joint venture engine gets joint certification from FAA, Europe
The advanced engine developed by a GE Aviation venture for the Boeing Next Generation 737 aircraft received joint certification from U.S. and European safety agencies.
Monday, May 12, 2008
Recent News: GE Rail Services Unit, NBC Super Bowl Ads, Consumer Loans, GE Healthcare & Merck, GE Aviation, GE Japan, and Boeing 737-900
GE seeking buyer for its rail services unit: report
General Electric is seeking a buyer for its rail services unit, in a deal that could be worth about $4 billion, according to people familiar with the company, The Financial Times reported on its Web site Friday. The move to sell the unit is part of GE's attempts to reduce its exposure to low-margin businesses after reporting disappointing first-quarter results last month, according to the newspaper. The unit leases 165,000 railroad cars and 120,000 trailers and containers. GE declined to comment on Friday night, the FT said...
NBC Super Bowl Ads to Cost $3 Million
The Super Bowl has always been a tough ticket, but now NBC is telling advertisers it will cost them $3 million just to get into the game -- for 30 seconds. NBC Universal, a unit of General Electric Co., plans to announce next week that $3 million will be the entry price for a commercial at the 2009 Super Bowl. While individual slots have sold at that level before, it's never been the starting point for negotiations for the dozens of 30-second ads sold for the game. It represents a price increase of more than 10%, roughly double the usual annual rise...
GE to drop consumer loans for boats, motorhomes
General Electric Co said on Monday it would stop offering loans for the purchase of consumer boats and motorhomes, in another blow to the hard-hit recreational products sector.
The second-largest U.S. company by market capitalization told boat and recreational-vehicle dealers that it would cease taking applications by July and cease underwriting new loans on Aug. 1, said Cristy Williams, a spokeswoman for GE Money, the company's consumer finance arm. It will continue to service its $3.6 billion loan portfolio...
GE Healthcare and Merck enter into technology sharing agreement
GE Healthcare, a provider of transformational medical technologies and services and a subsidiary of the General Electric Company (NYSE:GE), announced on Monday (5 May) that the company has entered into a non-exclusive agreement with Merck & Co Inc, a pharmaceutical company, to share technology on imaging of the lungs....
GE officials hope to work with Raspet
Officials with GE Aviation hope to continue the relationship they've developed with Mississippi State University's Raspet Flight Research Lab, an official said Monday...
Acom in Lead to Buy GE Japan Consumer Lender
General Electric will likely pick rival lender Acom as preferred bidder for its Japanese consumer loan business, paving the way for a $2.9 billion deal to create the country's biggest industry player, the Yomiuri paper said, sending Acom's shares to eight-month highs...
Boeing Delivers 737-900ERs To GE Unit For Lease To Futura
Boeing Co. (BA) said it delivered Europe's first two next-generation 737-900ER aircraft to General Electric Co. (GE) unit GE Commercial Aviation Services for lease to Futura International Airways of Spain....
General Electric is seeking a buyer for its rail services unit, in a deal that could be worth about $4 billion, according to people familiar with the company, The Financial Times reported on its Web site Friday. The move to sell the unit is part of GE's attempts to reduce its exposure to low-margin businesses after reporting disappointing first-quarter results last month, according to the newspaper. The unit leases 165,000 railroad cars and 120,000 trailers and containers. GE declined to comment on Friday night, the FT said...
NBC Super Bowl Ads to Cost $3 Million
The Super Bowl has always been a tough ticket, but now NBC is telling advertisers it will cost them $3 million just to get into the game -- for 30 seconds. NBC Universal, a unit of General Electric Co., plans to announce next week that $3 million will be the entry price for a commercial at the 2009 Super Bowl. While individual slots have sold at that level before, it's never been the starting point for negotiations for the dozens of 30-second ads sold for the game. It represents a price increase of more than 10%, roughly double the usual annual rise...
GE to drop consumer loans for boats, motorhomes
General Electric Co said on Monday it would stop offering loans for the purchase of consumer boats and motorhomes, in another blow to the hard-hit recreational products sector.
The second-largest U.S. company by market capitalization told boat and recreational-vehicle dealers that it would cease taking applications by July and cease underwriting new loans on Aug. 1, said Cristy Williams, a spokeswoman for GE Money, the company's consumer finance arm. It will continue to service its $3.6 billion loan portfolio...
GE Healthcare and Merck enter into technology sharing agreement
GE Healthcare, a provider of transformational medical technologies and services and a subsidiary of the General Electric Company (NYSE:GE), announced on Monday (5 May) that the company has entered into a non-exclusive agreement with Merck & Co Inc, a pharmaceutical company, to share technology on imaging of the lungs....
GE officials hope to work with Raspet
Officials with GE Aviation hope to continue the relationship they've developed with Mississippi State University's Raspet Flight Research Lab, an official said Monday...
Acom in Lead to Buy GE Japan Consumer Lender
General Electric will likely pick rival lender Acom as preferred bidder for its Japanese consumer loan business, paving the way for a $2.9 billion deal to create the country's biggest industry player, the Yomiuri paper said, sending Acom's shares to eight-month highs...
Boeing Delivers 737-900ERs To GE Unit For Lease To Futura
Boeing Co. (BA) said it delivered Europe's first two next-generation 737-900ER aircraft to General Electric Co. (GE) unit GE Commercial Aviation Services for lease to Futura International Airways of Spain....
Friday, March 28, 2008
Recent News: GE to buy Boeing Aircraft, China, GE Healthcare, GE Real Estate, and Locomotives in Serbia
GE in talks for 40 to 50 Boeing planes: Bloomberg
General Electric Co, the world's No. 1 aircraft lessor, is in talks with Boeing Co to buy 40 to 50 of its 737 jetliners to meet demand from airlines upgrading their fleets, Bloomberg said on Monday, citing a person familiar with the negotiations....
GE Unit May Buy at Least 40 Boeing 737s, Person Says
General Electric Co., the world's biggest aircraft lessor, is in talks with Boeing Co. to buy 40 to 50 of its 737 jetliners to meet demand from airlines upgrading their fleets, a person familiar with the negotiations said...
Group says GE supplier in China subjects workers to toxins
A new report says a Chinese factory that makes light bulbs for General Electric Co. subjects many of its employees to 64-hour work weeks and toxic mercury used in the production process...
GE Real Estate Buys 206,000-SF Office Bldg. in Houston
GE Real Estate purchased Oak Park Office Center II, a 206,362-square-foot Class A office building in Houston, TX, from Realty Associates Oak Park II LP, a development venture between TA Associates Realty and Myers, Crow & Saviers Ltd. for an undisclosed amount. Harris County Appraisal District values the property at about $16 million, or about $77.50 per square foot...
GE Healthcare Completes Acquisition of VersaMed Corporation
GE Healthcare, a unit of General Electric Company, has completed the acquisition of VersaMed Corporation, a provider of portable critical care ventilators for respiratory care...
Serbia: GE might participate in modernisation of Serbian railways
Director of the Serbian railways Zeleznice Srbije Milanko Sarancic and head of General Electric (GE) in South East Europe Giuseppe Recchi talked today in Belgrade about the possibility of GE taking part in the electrification of the Nis-Dimitrovgrad line....
General Electric Co, the world's No. 1 aircraft lessor, is in talks with Boeing Co to buy 40 to 50 of its 737 jetliners to meet demand from airlines upgrading their fleets, Bloomberg said on Monday, citing a person familiar with the negotiations....
GE Unit May Buy at Least 40 Boeing 737s, Person Says
General Electric Co., the world's biggest aircraft lessor, is in talks with Boeing Co. to buy 40 to 50 of its 737 jetliners to meet demand from airlines upgrading their fleets, a person familiar with the negotiations said...
Group says GE supplier in China subjects workers to toxins
A new report says a Chinese factory that makes light bulbs for General Electric Co. subjects many of its employees to 64-hour work weeks and toxic mercury used in the production process...
GE Real Estate Buys 206,000-SF Office Bldg. in Houston
GE Real Estate purchased Oak Park Office Center II, a 206,362-square-foot Class A office building in Houston, TX, from Realty Associates Oak Park II LP, a development venture between TA Associates Realty and Myers, Crow & Saviers Ltd. for an undisclosed amount. Harris County Appraisal District values the property at about $16 million, or about $77.50 per square foot...
GE Healthcare Completes Acquisition of VersaMed Corporation
GE Healthcare, a unit of General Electric Company, has completed the acquisition of VersaMed Corporation, a provider of portable critical care ventilators for respiratory care...
Serbia: GE might participate in modernisation of Serbian railways
Director of the Serbian railways Zeleznice Srbije Milanko Sarancic and head of General Electric (GE) in South East Europe Giuseppe Recchi talked today in Belgrade about the possibility of GE taking part in the electrification of the Nis-Dimitrovgrad line....
