GE bullish on outlook
GE Aircraft Engines says it expects the market for small commercial jets powered by its CF34 family of engines to triple over the next two decades. The number of jets, generally seating fewer than 100 passengers, will rise from 2,000 this year to 6,800 in 2023. GE expects to ship this year more than 400 of its CF34-family engines, the third consecutive year production has topped 400 for this group.
Source: Airline Business