Seeking Alpha

GE predicts $30B order target fulfilled by end of the day

  • CEO of GE (NYSE:GE) Aviation David Joyce expects the firm to attain its target of $30B of orders at the Farnborough Airshow by the end of the day.
  • Engine maker GE has seen a record amount of purchases between its operations GE Aviation and CFM International, a joint venture between itself and Safran (OTCMKTS:SAFRF).
  • The company is also looking to finalize an engine deal with Qatar Airways over Boeing 777X planes.
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