STOCK TITAN

GE Aviation and Safran Launch Advanced Technology Demonstration Program for Sustainable Engines; Extend CFM Partnership to 2050

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary

GE Aviation and Safran have launched the CFM RISE program, targeting over 20% reduction in fuel consumption and CO2 emissions for future engines. The initiative aims for engines to enter service by the mid-2030s, ensuring compatibility with alternative fuels like Sustainable Aviation Fuels and hydrogen. The companies have also renewed their CFM International partnership until 2050, reaffirming their commitment to sustainable aviation. The program will leverage advanced technologies, such as hybrid electric systems and composite materials, aiming to revolutionize engine efficiency.

Positive
  • Launch of CFM RISE program aiming for 20% reduction in fuel consumption and CO2 emissions.
  • Partnership renewal until 2050 enhances collaboration on sustainable aviation.
  • Focus on hybrid electric capability and alternative fuels increases market competitiveness.
Negative
  • None.

GE Aviation and Safran today launched a bold technology development program targeting more than 20 percent lower fuel consumption and CO2 emissions compared to today’s engines. The CFM RISE (Revolutionary Innovation for Sustainable Engines) program will demonstrate and mature a range of new, disruptive technologies for future engines that could enter service by the mid-2030s.

John Slattery, President and CEO of GE Aviation and Olivier Andriès, CEO of Safran sign agreement extending the CFM International 50/50 partnership to the year 2050, declaring their intent to lead the way for more sustainable aviation in line with the industry’s commitment to halve CO2 emissions by 2050. (Photo: Business Wire)

John Slattery, President and CEO of GE Aviation and Olivier Andriès, CEO of Safran sign agreement extending the CFM International 50/50 partnership to the year 2050, declaring their intent to lead the way for more sustainable aviation in line with the industry’s commitment to halve CO2 emissions by 2050. (Photo: Business Wire)

The companies today also signed an agreement extending the CFM International 50/50 partnership to the year 2050, declaring their intent to lead the way for more sustainable aviation in line with the industry’s commitment to halve CO2 emissions by 2050.

“The relationship between GE and Safran today is the strongest it has ever been,” said John Slattery, President and CEO of GE Aviation. “Together, through the RISE technology demonstration program, we are reinventing the future of flight, bringing an advanced suite of revolutionary technologies to market that will take the next generation of single-aisle aircraft to a new level of fuel efficiency and reduced emissions. We fully embrace the sustainability imperative. As we have always done in the past, we will deliver for the future.”

"Our industry is in the midst of the most challenging times we have ever faced,” said Olivier Andriès, CEO of Safran. “We have to act now to accelerate our efforts to reduce our impact on the environment. Since the early 1970s, breakthrough engine efficiency and reliability have been the hallmark of our historic partnership and our LEAP engine already reduces emissions by 15 percent compared to previous generation engines. Through the extension of our CFM partnership to 2050, we are today reaffirming our commitment to work together as technology leaders to help our industry meet the urgent climate challenges.”

Technologies matured as part of the RISE Program will serve as the foundation for the next-generation CFM engine that could be available by the mid-2030s. The program goals include reducing fuel consumption and CO2 emissions by more than 20 percent compared to today’s most efficient engines, as well as ensuring 100 percent compatibility with alternative energy sources such as Sustainable Aviation Fuels and hydrogen.

Central to the program is state-of-the-art propulsive efficiency for the engine, including developing an open fan architecture. This is a key enabler to achieving significantly improved fuel efficiency while delivering the same speed and cabin experience as current single-aisle aircraft. The program will also use hybrid electric capability to optimize engine efficiency while enabling electrification of many aircraft systems.

The program is being led by a joint GE/Safran engineering team that has laid out a comprehensive technology roadmap including composite fan blades, heat resistant metal alloys, ceramic matrix composites (CMCs), hybrid electric capability and additive manufacturing. The RISE program includes more than 300 separate component, module and full engine builds. A demonstrator engine is scheduled to begin testing at GE and Safran facilities around the middle of this decade and flight test soon thereafter.

The original 1974 framework agreement creating CFM International as a 50/50 joint venture between the two aircraft engine manufacturers redefined international cooperation and helped change the course of commercial aviation. The partnership was renewed in 2008 for the launch of the LEAP program. Today, CFM is the world's leading supplier of commercial aircraft engines with a product line that serves as the industry benchmark for efficiency, reliability and low overall cost of ownership. More than 35,000 CFM engines have been delivered to more than 600 operators around the globe, accumulating more than one billion flight hours.

* RISE (Revolutionary Innovation for Sustainable Engines) is a registered trademark of CFM International.

Safran is an international high-technology group, operating in the aviation (propulsion, equipment and interiors), defense and space markets. Its core purpose is to contribute to a safer, more sustainable world, where air transport is more environmentally friendly, comfortable and accessible. Safran has a global presence, with 79,000 employees and sales of 16.5 billion euros in 2020, and holds, alone or in partnership, world or regional leadership positions in its core markets. Safran undertakes research and development programs to maintain the environmental priorities of its R&T and Innovation roadmap.

Safran is listed on the Euronext Paris stock exchange and is part of the CAC 40 and Euro Stoxx 50 indices.

For more information : www.safran-group.com / Follow @Safran on Twitter

GE Aviation, an operating unit of GE (NYSE: GE), is a world-leading provider of jet engines, components and systems for commercial and military aircraft. GE Aviation has a global service network to support these offerings.

For more information, visit us at www.ge.com/aviation. Follow GE Aviation on Twitter at http://twitter.com/GEAviation and YouTube, at http://www.youtube.com/user/GEAviation.

FAQ

What is the CFM RISE program launched by GE?

The CFM RISE program, initiated by GE Aviation and Safran, aims for over 20% reduction in fuel consumption and CO2 emissions in future engines.

When will the new engines from the CFM RISE program enter service?

The engines developed under the CFM RISE program are expected to enter service by the mid-2030s.

What are the key goals of the CFM RISE program?

The program aims to reduce fuel consumption and CO2 emissions by more than 20% and ensure compatibility with Sustainable Aviation Fuels and hydrogen.

How long is the CFM International partnership extended?

The CFM International partnership between GE and Safran has been extended to the year 2050.

What technologies are being developed in the CFM RISE program?

The program will utilize hybrid electric systems, composite fan blades, and advanced materials to improve engine efficiency.

GE Aerospace

NYSE:GE

GE Rankings

GE Latest News

GE Stock Data

194.95B
1.08B
0.16%
79.05%
1.04%
Aerospace & Defense
Electronic & Other Electrical Equipment (no Computer Equip)
Link
United States of America
EVENDALE